#BTCRebound – Is Bitcoin Poised for a Comeback?
Bitcoin is showing signs of stabilization after a recent pullback, with key support levels holding near $60K. Technical indicators like the RSI hovering near oversold territory suggest a potential rebound could be brewing.
Fundamentals remain strong: institutional adoption continues growing, the recent halving reduced new supply, and Bitcoin ETF demand persists. A bullish macro shift (e.g., Fed rate cuts) might fuel upward momentum.
However, caution is warranted. Volume must confirm any breakout—watch the $65K resistance level closely. A clean break above it could target $70K next.
Strategy: Scale into positions if momentum returns, but maintain stop-losses below $58K. Long-term holders can keep DCA’ing.