๐ Bitcoin has rallied 47% off its low. That sounds like a strong recovery - but has it happened before, and what happened next?
Binance Research looked at every time this happened since 2011 (7 times total):
When Bitcoin had fallen a LOT before bouncing โ the bounce held, and price went on to new highs
When Bitcoin had only fallen a little before bouncing โ the bounce failed 4 out of 5 times, and price dropped again
Right now, Bitcoin only fell a moderate amount before this bounce - putting it in the group that usually failed in the past.
๐ Full report โ https://www.binance.com/en/research/analysis/weekly-market-commentary-2026-10-05?ref=XM45FR0F&utm_source=BinanceWA&utm_medium=GlobalCommunity&utm_campaign=GeneralPosts
#TradingTopics #tradingtips #USDTfree #USDT๐ฅ๐ฅ๐ฅ #TetherUpdate #binance
Binance Research looked at every time this happened since 2011 (7 times total):
When Bitcoin had fallen a LOT before bouncing โ the bounce held, and price went on to new highs
When Bitcoin had only fallen a little before bouncing โ the bounce failed 4 out of 5 times, and price dropped again
Right now, Bitcoin only fell a moderate amount before this bounce - putting it in the group that usually failed in the past.
๐ Full report โ https://www.binance.com/en/research/analysis/weekly-market-commentary-2026-10-05?ref=XM45FR0F&utm_source=BinanceWA&utm_medium=GlobalCommunity&utm_campaign=GeneralPosts
#TradingTopics #tradingtips #USDTfree #USDT๐ฅ๐ฅ๐ฅ #TetherUpdate #binance