#BTCRebound BTC rebound refers to a recovery or upward trend in Bitcoin's price after a significant decline or "bloodbath" in the market. Recently, Bitcoin's price rebounded from a weekly low of $74,000 to above $84,000, driven by softer US inflation data and easing geopolitical tensions, such as potential ceasefire talks between Russia and Ukraine. This rebound has sparked optimism among investors, with some predicting Bitcoin's price could reach $100,000 or even $118,000 if key resistance levels are breached ¹ ².

*Key Factors Contributing to BTC Rebound:*

- *Softer US Inflation Data*: Cooler-than-expected inflation figures have reduced expectations of further interest rate hikes, boosting investor confidence in risk assets like Bitcoin.

- *Easing Geopolitical Tensions*: Potential ceasefire talks between Russia and Ukraine have contributed to market optimism, reducing uncertainty and encouraging capital inflows into Bitcoin.

- *Institutional Accumulation*: Increased investment in Bitcoin by institutional players, such as Michael Saylor's firm Strategy, has added buying pressure and supported the rebound.