#BTCRebound
Bitcoin (BTC) is experiencing a rebound, with its price surging to a nearly three-week high of around $87,510.42. This upswing is driven by global liquidity and institutional signals, with analysts predicting a potential rise to $102,000.
*Key Factors Contributing to the Rebound:*
- *Improved Macroeconomic Conditions*: Bitcoin's price has responded positively to favorable macroeconomic conditions, reclaiming the $85,000 level.
- *Institutional Investment*: Bitcoin ETFs have recorded a modest net inflow of $15 million, marking a significant turnaround from the previous week's sharp outflows.
- *Market Sentiment*: Despite the rebound, some traders are cautious, with a high demand for put contracts indicating bearish sentiment.
*Potential Challenges:*
- *Weak Buying Power*: The Stablecoin Supply Ratio (SSR) has climbed to 14.42, suggesting weak stablecoin buying power, which could limit BTC's upside.
- *Consolidation*: The Chaikin Money Flow (CMF) hints at consolidation between $78,000 and $90,000.
*Expert Insights:*
- CoinMarketCap's research division projects potential recovery for Bitcoin in Q2 2025, with maintaining support above $80,000 potentially paving the way for a breakout.
- Analysts expect Bitcoin to remain resilient, with some predicting a rally toward $100,000.
