đ Bitcoin (BTC) Rebound Alert: After a rocky start to April, BTC is showing signs of recovery, climbing to $84,525.65 as of April 11, with a 1.10% increase in the last 24 hours and a 1.79% rise over the past week. Despite a recent dip to $74,508âits lowest this yearâmarket sentiment is shifting as institutional interest grows and Trumpâs pro-crypto policies fuel optimism. With a market cap of $1.68T and a 24-hour trading volume of $28.75B, Bitcoin remains a powerhouse, though itâs still 22.47% below its all-time high of $109,026.02 from November 2024.
đ On-Chain Insights: Bitcoinâs resilience is evident as large wallets have been accumulating recently, signaling strong confidence among whales despite global trade concerns. Analysts note that BTCâs 7-day strength and the return of margin and spot traders suggest a potential rally, with some eyeing a breakout past the $90,000 resistance level. However, volatility remains highâtotal liquidations across crypto markets hit $2.18B recently, reflecting market uncertainty. As Bitcoin hovers around $83,788.74 today, April 13, the community is bullish, but will it reclaim its record highs soon?
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