Bitcoin Rebound Gains Strength, Yet This Key Signal Warns It’s Not Over

Bitcoin saw a sharp recovery on Wednesday after Iran’s Supreme National Security Council accepted a two-week ceasefire. The crypto asset briefly climbed above $72,700 after posting over 5% daily gains before stabilizing near $71,600. The rebound was particularly visible in the derivatives market, where sentiment indicators indicated a strong upward reversal. But the overall structure may still be weak. Risks of…