Bitcoin (BTC) is back on the rebound,
Thanks to the Fed slowing down its balance sheet reductions. But is this a bull trap or the start of something bigger?

BTC's price action mirrors 2016, says Rekt Capital. So buckle up for potential dips, but the bottom is near!

On-chain metrics hint at a market bounce with the STH MVRV ratio at -6%. Historically, bounces happen when this ratio is negative. 📈

What's your take? Moon mission or more turbulence ahead? #Bitcoin #newsdaily