I think this analysis makes sense, and there should be a big rebound later.
Matrixport: Bitcoin has broken the downward trend
On July 2, Matrixport posted on the social platform that Bitcoin has broken the downward trend.
On June 25, it was pointed out that Bitcoin reached the "lowest possible level" in the Matrixport Greed and Fear Index, which is usually associated with price recovery. On June 26, it was pointed out that Bitcoin was oversold. Over the weekend, Bitcoin broke the short-term downward trend.
Although there is still resistance to continued rebound, from a tactical point of view, the rebound has already occurred.
