Bitcoin Price Analysis: Potential for Higher Bounce but Lacks Momentum for Major Rally

Bitcoin (BTC) shows potential for a short-term price increase, according to recent market analysis. However, experts caution that the cryptocurrency market currently lacks the fundamental drivers and sustained buying pressure needed to initiate a full-scale bullish run. Key indicators suggest that while a bounce is possible, the overall environment remains cautious. Traders are advised to monitor volume and broader market sentiment closely, as the absence of strong "fuel" may limit upward momentum. The focus remains on whether Bitcoin can establish stronger support levels to pave the way for future growth.