Can Bitcoin's 47% Rebound Hold? What Binance Research's Data Shows

Bitcoin (BTC) has rallied nearly 47% from its July low. However, Binance Research found that similar rebounds retested their lows in 4 of 5 past cases. The research ties each outcome to the depth of Bitcoin’s drawdown from its peak. This time, the signal fired 35.6% below the high, inside the group that mostly failed.