#BitcoinBounceBack Bitcoin (BTC) has recently experienced significant volatility. After dipping below $77,000 earlier this week, it has rebounded to approximately $84,000 as of today.
This recovery aligns with a broader market rebound, with major altcoins such as Ethereum (ETH), Binance Coin (BNB), XRP, and Cardano (ADA) climbing by up to 3%.
Analysts are closely monitoring Bitcoin's price movements, particularly its ability to surpass the $83,000 resistance level, which could potentially trigger a surge toward the $90,000 range.
However, market sentiment remains cautious due to ongoing economic uncertainties, including fears of a potential U.S. recession and recent trade policies.
Investors are advised to stay informed and consider these factors when evaluating Bitcoin's future price trajectory.