#BTCRebound

Bitcoin is currently in rebound mode, and the momentum looks strong as of today, April 21, 2025. Here's a quick breakdown of what's going on:

🚀 Bitcoin Rebound Highlights

Price: Around $87,400, the highest since late March.

Recent Low: Bounced back from $74,800 (early April).

Recovery: That's a +16% gain in less than 2 weeks.

📈 Why the Rebound?

1. Technical Breakout

BTC has broken above key resistance levels ($83K–$86K). Analysts now eye the $90K–$92K range as the next target.

2. Weak U.S. Dollar

Political turmoil in the U.S. (Trump vs. Fed Chair Powell) is hurting the dollar. A weaker dollar = more investor interest in alternative stores of value like BTC.

3. Gold Rush

China keeps stockpiling gold → Gold hits all-time highs. That sentiment is spilling over into digital gold (Bitcoin).

4. Institutional Confidence

Despite macro instability, institutional players continue to show faith in BTC, especially with spot ETFs fueling long-term inflows.