#BTCRebound #BTCRebound #BTCRebound — big energy around this right now!
Here’s the quick scoop:
Bitcoin ($BTC) recently pulled off a major rebound after dipping into the low $60,000s.
It’s now bouncing back above $65,000 (and trying to push higher), fueled by:
Stronger ETF inflows: Bitcoin spot ETFs (like BlackRock’s IBIT) are seeing huge net inflows again.
Weaker U.S. economic data: Some weak inflation and job reports raised expectations for Fed rate cuts — bullish for Bitcoin.
Halving momentum: The April 2024 Bitcoin halving is starting to tighten new BTC supply, supporting higher prices.
Institutional accumulation: Big players are using every dip to buy more Bitcoin — on-chain data shows whale wallets growing.
Market vibe:
The mood flipped quickly from fear to renewed optimism — lots of analysts are calling for $70K+ retests soon if momentum continues.
Would you like me to also give a quick "Key levels to watch" for BTC price right now? Could be useful if you're tracking it closely!