#BTCRebound Based on the information available until May 1, 2025, the recovery of the Bitcoin price after a downward correction during the spring.
According to recent analyses:
* Strong Recovery: Bitcoin has shown a remarkable recovery, rising approximately 15% from the lows of the spring correction and trading near $95,000 USD in early May. This rally has firmly placed Bitcoin in bullish market territory.
* Resistance and Support: Key resistance levels are identified at $95,000, $100,000, and the historical highs close to $109,000. Support levels are found in the $90,000 - $92,000 range and then at the late February/early March lows around $82,000.
* Bullish Factors: The recent rise has been driven by strong institutional demand, with significant inflows into U.S. spot Bitcoin ETFs.
* Future Outlook: Some analysts project that Bitcoin could reach new highs, even exceeding $100,000 in the short term if current conditions persist. In the long term, predictions vary widely, with some models suggesting significantly higher prices by the end of 2025 and even in the coming years.
* Market Sentiment: The general sentiment on social media, particularly on Twitter, seems to be mostly bullish regarding Bitcoin.
In summary, the latest news related to #BTCRebound indicates a significant recovery in the price of Bitcoin supported by institutional demand and positive market sentiment. Analysts are closely monitoring key resistance levels to confirm the continuation of the bullish trend.