BTC is Recovering, But the Bear Market Scenario Has Not Been Ruled Out

From the current perspective, I believe that the bear market of Bitcoin $BTC may not have truly ended yet.
Previously, I had publicly mentioned two important bottom zones around 80,000 USD and 60,000 USD, but at this point, I still do not believe that the final bottom of the cycle has been confirmed.
In the short term, Bitcoin is still maintaining an upward momentum and the price structure has not deteriorated significantly. However, the current price movement resembles a bearish flag pattern, which means that a recovery phase within a broader context still carries significant risks of correction.
This is a common structural form that appears when the market temporarily rises but does not have sufficient grounds to confirm a new sustainable uptrend.
The point I want to focus on analyzing is the area where Bitcoin could peak in the short term before facing selling pressure again. If this scenario occurs, the current increase may only be a phase of technical recovery, rather than a signal indicating that the market has truly entered a new upcycle.
Therefore, in the medium term, I still lean towards the possibility that Bitcoin could drop to new lows before forming a clearer final bottom. Until there are stronger confirmation signals, I believe the current uptrend should still be viewed with a certain degree of caution.
#BTC