#BTCRebound

Bitcoin (BTC) is currently experiencing a rebound, with its price forecasted to hit $86,000 before trending downward. Here's a breakdown of the forecast.

- *Expected Peak*: BTC is anticipated to peak at $86,000, followed by a sharp decline.

- *Stabilization Phase*: The price might hover around $86,000 for a few days before the decline.

- *Reasons Behind the Forecast*:

- *Federal Reserve Rate Cut*: A potential rate cut in June could trigger significant market shifts.

- *Market Reset*: A market reset is needed to launch the primary upward trend, which might involve flushing out weaker investors.

- *Lack of Spikes*: BTC hasn't shown sharp spikes, indicating the main upward trend isn't ready yet.