#BitcoinBounceBack Bitcoin's bounce back is a highly anticipated event, especially after its recent decline. Currently, Bitcoin's price is $84,414.29, with a market cap of $1.66 trillion ¹.

Several experts believe that Bitcoin will bounce back, with some predicting a potential recovery to $90,000 ². Whale accumulation of 5,000 BTC since March 3 also hints at a possible mid-March recovery ².

However, others are more cautious, warning that Bitcoin must reclaim $90,000 to shift momentum and avoid deeper losses ². The Fear & Greed Index has dropped to 20, signaling extreme fear in the market ².

Some key factors to watch for a potential bounce back include:

- *Whale Accumulation*: Continued accumulation by whales could drive up demand and prices.

- *Technical Resistance*: Bitcoin's ability to break through key resistance levels, such as $90,000, will be crucial for a sustained recovery.

- *Market Sentiment*: A shift in market sentiment from fear to greed could also contribute to a bounce back.

Keep in mind that the cryptocurrency market is highly volatile, and predictions are subject to change.