#BTCRebound Bitcoin (BTC) has experienced a notable rebound, currently trading at approximately $88,108, marking a 3.9% increase and reaching its highest level since early April.

Additionally, Bitcoin's open interest has risen by $3.1 billion to $30 billion, suggesting increased leverage and investor confidence in the ongoing rebound.

While the market shows bullish signs, some analysts caution that Bitcoin could face a pullback to support zones between $70,000 and $74,000, depending on market reactions to upcoming economic policies and data releases.

Overall, Bitcoin's recent performance reflects a complex interplay of macroeconomic factors and investor sentiment, warranting close monitoring of market trends and policy developments.