#BTCRebound Bitcoin (BTC) has shown signs of recovery, climbing back above the $85,000 mark after a dip below $80,000 earlier in April.

* Some analysts suggest that if Bitcoin can maintain support above $80,000, it could pave the way for further gains in the second quarter of 2025.

* Technical analysis indicates that Bitcoin broke above a falling trendline, suggesting a potential uptrend. Resistance levels to watch are around $88,000 and potentially $96,000.

* Despite the rebound, the Stablecoin Supply Ratio (SSR) has increased, indicating potentially weaker buying power from stablecoins, which could limit significant upward movement in the short term.

* The Crypto Fear & Greed Index currently reads 39, indicating that traders are still fearful, although less so than in previous weeks.

Factors Influencing a Bitcoin Rebound:

Several factors can contribute to a Bitcoin price rebound:

* Market Sentiment: Overall positive news or developments in the cryptocurrency space can fuel bullish sentiment and lead to increased buying pressure.

* Dip Buying: Investors often see price drops as opportunities to buy Bitcoin at a lower price, contributing to a recovery.