Bitcoin may be forming a short-term bottom, with an analyst predicting a relief rally to $100,000–$110,000. Technical signals like the RSI suggest stabilization, historical patterns indicate potential bounces. Market conditions and sentiment support a near-term rebound, while the longer-term outlook remains cautious. Crypto Fear & Greed Index moves from ‘extreme fear’ to ‘fear.’ Bitcoin’s price may not reflect improving macro expectations, offering significant upside potential. Analyst compares current risk-reward to COVID crash, suggesting a bullish outlook. Magazine predicts pragmatic privacy advancements in crypto by 2026.

Read more at Cointelegraph: Bitcoin Forms Short-Term Bottom, $100,000 Rally in Sight