Only a week after experiencing a dreaded “death cross,” and subsequently seeing its value fall to less than $81,000, Bitcoin is showing some signs of recovering.

On Monday, BTC’s price topped $89,000, and as of early Tuesday, are hovering around $87,500.

To be clear, the slump is far from over—the coin saw its price top $124,000 just last month—and no one can predict what will happen next, but it’s a clear upswing in momentum.

All told, when Bitcoin bottomed out at $81,000, it had fallen around 35% off its high. There were several reasons for the selloff, including outflows from large institutional investors and broader economic uncertainty, among other things.

It was a wipeout of around $1 trillion in market value.

Sentiment may be on the upswing

As for this week, it’s anyone’s gues

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