#BTCRebound

Bitcoin's rebound is gaining momentum, with the cryptocurrency trading above $96,000 after a dip triggered by $93,000 support selling pressure. The digital asset briefly fell when the $93,000 bid liquidity was raided, but strong spot buying emerged, showcasing market resilience.

*Key Factors:*

- *Resistance Levels:* Bitcoin faces resistance at $95,500, with support around $93,000 and $94,200 levels.

- *Bullish Sentiment:* Binance saw a 15% volume surge, with 12,500 BTC traded, signaling bullish sentiment.

- *Price Targets:* Analysts predict a potential surge beyond $95,500 resistance level, targeting $96,500 or even $98,000.

*Expert Predictions:

- Standard Chartered: Predicts Bitcoin could reach $200,000 by the end of 2025, with interim milestones of ~$100,000 in the coming months.

- *VanEck:* Forecasts a "cycle apex" price of roughly $180,000 for Bitcoin in 2025.

-*ARK Invest: Sees a base case of $1.2 million by 2030, with a bull case of $2.4 million.¹

*Current Price. Bitcoin's current price is around $96,792, with a 2.65% increase.