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Bitcoin Is Bouncing – But These 3 Metrics Decide If the Bull Market Is Returning
Yahoo Finance· 2026-01-29 05:32
Bitcoin is rebounding, and it has returned to the higher structure of the high-$90,000 and low-$80,000 area after temporarily falling to the mid-$80,000s. The shift has relieved short-term downside pressure, but market evidence indicates that the rally alone is insufficient to indicate that a new leg of a bull market is beginning. Rather, analysts believe that the next step is whether a number of deeper regime indicators start to reverse to risk-on. At the time of writing, Bitcoin was trading around $8 ...