#MarketRebound Bitcoin has been experiencing a volatile rebound, with analysts offering mixed predictions:
- **Bearish Concerns:** Some traders worry that Bitcoin's recent price recovery might be an illusion, as it faces risks of further decline. The price recently hit a four-month low of **$53,600** before bouncing back
- **Bullish Outlook:** On-chain data suggests Bitcoin could rebound to **$109,000**, supported by strong liquidity clusters and positive funding rates
- **Institutional Demand:** The price surge has been fueled by increasing institutional interest, with Bitcoin ETFs accumulating assets at record