#BTCRebound .
Market Drivers:
Trade Policy Developments: .
Bond Market Turmoil: Instability in the U.S. bond market, characterized by declining Treasury yields and increased volatility, has prompted investors to seek alternative assets like Bitcoin. This shift is further fueled by expectations of potential Federal Reserve rate cuts .
Market Sentiment:
Analysts suggest that Bitcoin's current price level around $84,000 may serve as a resistance point. If bullish momentum continues, the next significant resistance is anticipated near $96,000 . However, recent trading patterns indicate limited upward momentum, with Bitcoin hovering near this level without significant breakthroughs .
Recent Market Activity:
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Outlook:
