<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/685a4cc1-bb91-4016-87e1-5ae0af0d75d1.jpg"></p><p>Bitcoin and altcoins perked up today, but is this rally nothing more than an oversold bounce? </p>