Bitcoin Surges Past $78,500; Analysts Warn Against Long-Term Optimism
Bitcoin's rise above $78,500 is seen as a technical recovery, lacking foundation for prolonged gains, say analysts.
Bitcoin has seen a resurgence, climbing above the $78,500 mark. However, financial analysts are advising caution, suggesting that this upward movement may simply be a technical bounce rather than indicative of a robust, long-term recovery.