$BTC rebound potential is a topic of interest among investors and analysts. Currently, Bitcoin is trading at $87,440.90, with a 3.12% increase. Let's break down the key factors influencing its potential rebound :

- *Market Sentiment*: The Fear and Greed Index shows a "Greed" score of 74, indicating growing caution among investors. Waning investor sentiment, profit-taking, and macroeconomic uncertainties are tempering market confidence.

- *Technical Indicators*: The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest mixed signals. The RSI is below 90, indicating the rally may not be over yet. The MACD remains in bearish territory, suggesting downward pressure.

- *Support and Resistance Levels*: Key support lies at $95,000 and $90,000, with significant institutional demand concentrated at $90,000. Resistance levels are between $102,000 and $107,000, where sellers are capping upside movements.

- *Analyst Predictions*: Some analysts believe Bitcoin hasn't topped out yet, with potential for further growth. The Bitcoin Rainbow Chart suggests more upside is possible, with some predicting prices could reach $250,000 in this cycle.

- *Market Volatility*: Bitcoin's price swings are influenced by various factors, including regulatory changes, economic news, and market sentiment.

Given these factors, it's essential to monitor market trends and news closely. If Bitcoin holds above $90,000, it could signal a bullish reversal. However, failure to hold this level might lead to further declines.