Bitcoin ($BTC ) is expected to rebound due to strong fundamentals and market momentum. First, the continued adoption of blockchain technology and cryptocurrencies across various sectors, from traditional finance to decentralized applications (DeFi), creates steady demand for Bitcoin. Second, Bitcoin's capped supply of 21 million coins ensures increasing scarcity, particularly in the face of rising global inflation. Additionally, technical signals from chart analysis, such as bounces from key support levels or moving average crossovers, indicate potential for future growth. Lastly, growing interest from major financial institutions and Bitcoin-related ETFs further strengthens confidence in the long-term prospects of this digital asset.
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