đ Bitcoin Bounces Back! đ
- Bitcoin has reclaimed $62,000 after the so-called "Crypto Black Monday," signaling a bullish trend.
- Crypto trader Matthew Hyland notes a "massive bull hammer" on the weekly chart, suggesting Bitcoin may have found its floor.
- BTC briefly touched $62,510 before settling at $61,068, up 12.46% from Aug. 7.
- Traders speculate the recent dip was a bear trap, with sentiment now favoring long positions.
- Morgan Stanley now allows its advisors to recommend Bitcoin ETFs to clients.
Hold onto your hats, crypto enthusiasts! đȘïž