I just reviewed what happened with Bitcoin on Monday, and the reality is more interesting than it seems. That 5% increase we saw was not due to new purchases entering the market, but rather something more tactical: the massive closing of 5 short positions that were betting against BTC. It's basically forced liquidations, not fresh money buying. That explains why the movement was so quick but without real buying volume behind it. The market remains quite fragile if we rely on position closures to see green. Interesting to keep in mind for upcoming moves.