Bitcoin bounced from a low of $62,029, gaining 5.5%—a more concrete figure than a slogan. Blockstream CEO Adam Back called the move “bouncy,” meaning resilient, and has publicly predicted that Bitcoin will reach $1 million by 2028. Keep in mind, that’s his personal view, not a guarantee that the market will deliver. $BTC For now, all we can confirm is how far it fell and how much it rebounded. Whether the rebound can attract volume and hold its ground will depend on the next few candlesticks. Don’t mistake a single bounce for a trend reversal. For now, keep watching the range and trading volume, and don’t rush to conclusions before there’s confirmation.
