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Bitcoin's Rebound at $64,000 was affected by technical concerns and market Fluctuation
Although Bitcoin has recently rebounded to $64,000, concerns remain due to key technical indicators. Crypto Assets' recovery is seen as fragile, falling 13% from its peak in March, suggesting possible Fluctuation ahead. Experienced trader Josh Olszewicz highlighted the falling trend from Ichimoku Cloud, indicating that Bitcoin is not out of danger yet. Meanwhile, analyst firm Santiment and Crypto Assets analyst Rekt Capital made a subtle point, noting that the market sentiment is cautiously optimistic and that the halving will transition to a time-based consolidation phase, which may precede the bullish market. In addition, the reports of AMBCypto and Glassnode indicate positive signs, such as breaking out of the falling wedge pattern and Bitcoin reserve risk sending bullish signals.