Analyst: Bitcoin remains in the early stages of a bull market over the long term, while it may continue trading sideways in the short term.

Volume is the least likely to lie. To see whether the news is having an effect, just look at the volume.

This counts as a positive signal, but it’s too early to tell whether it will develop into a trend—we’ll need to wait a day or two.

$BTC , 24h +1.29%. How did you handle this kind of situation in the past?

#BTC