Negative news has landed, is it about to take off after such a big rise?
Bitcoin $BTC, if it rose due to negative news turning positive, it should have been bought before the morning announcement, not now after it has already risen. At least for now, after the news was announced and the price rebounded, we still cannot rule out the possibility of going back to the two previous lows.
Of course, if you say you are holding spot, and expect it to bounce to over 100,000, I would agree, which is probably just a matter of next month.
