Bitcoin has remained flat after briefly rising back up to $50,000 this weekend. Analysts and experts are still bullish on the apex token, noting that it might have finally bottomed out. Michael Van De Poppe seems to think so, tweeting, in part, “I also believe we’ve bottomed out as multiple indicators show bottoming signals.” Popular crypto influencer Kaelo simply tweeted, “So far, so good.” Uniquely, Pentoshi took to Twitter ($TWTR@US) to say that Bitcoin is facing a lot of resistance as it reaches the $52 thousand or $53 thousand level. Altcoin Sherpa has a different take, tweeting, “I find it highly unlikely this is the bottom; I think that we still have lots of chop to go.” Bitcoin is down over 29% from its all-time in November, and it’s currently moving in the opposite direction of the stock market with the S&P 500 closing at an all-time high on Friday. At press time, Bitcoin sat at just over $48 thousand 5 hundred.