Bitcoin is showing signs of a strong rebound after recent market corrections. Following a period of consolidation, BTC has surged past key resistance levels, signaling renewed investor confidence. Factors such as institutional interest, declining inflation concerns, and optimism around spot Bitcoin ETFs are contributing to the rally. On-chain data also shows increased accumulation by long-term holders, further supporting the bullish sentiment. Analysts suggest that if Bitcoin maintains its momentum above the $70,000 mark, a new all-time high could be within reach. This rebound reflects broader market recovery and growing belief in Bitcoin’s role as a hedge and store of value.
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