The title along is misleading.
Did Bitcoin really recovered? I guess nah, that's more like of a dead cat bounce.
That temporary recovery has perfectly synced during Twitter announced that they have accepted Elon's offer to buy their company.
I'm just not sure If that was just a coincidence or people are giving into another Elon hype for a moment.
Yea, dead cat bounce, bull trap, anything that we can call what Bitcoin price movement is doing in the last 2 weeks or so.
We are still below $40,000 though, so there is no recovery but just another push maybe by the bulls to defend that price again because that's where we should stand. The hype of Elon Musk is complete already, there will be no increase maybe until the 2nd week of May.
