I spent quite a while discussing this with friends in the group: Analyst Darkfost says Bitcoin long-term holders are back in profit, and signs of a market recovery are emerging.
It sounds a little subdued, but the market has never been driven by a single news item.
I've been burned chasing news before, so now I take a moment to pause when I come across something like this.
$BTC .

Just my personal opinion, not investment advice.