#BTCRebound : Is This the Start of Bitcoin’s Next Bull Run?

After weeks of price turbulence, Bitcoin is finally showing signs of life again — sparking hope across the crypto community with the hashtag #BTCRebound trending on social media. But is this a short-term bounce or the beginning of something bigger?

What Triggered the Rebound?

Several factors are believed to have fueled the recent upward movement:

1. Cooling Inflation Data (US CPI): The latest consumer price index report signaled slowing inflation, boosting investor confidence in risk assets like Bitcoin.

2. Institutional Accumulation: On-chain data shows a renewed interest from institutional wallets — often a bullish sign.

3. ETF Flows Turning Positive: Bitcoin ETF inflows flipped green after several red weeks, indicating growing interest from traditional finance.

Key Levels to Watch

As BTC regains momentum, traders are eyeing crucial resistance and support levels:

Support: $62,000 – $63,500 zone is holding strong.

Resistance: Watch out for the $68,000 and psychological $70,000 barriers.

A clean break above $70K could signal a continuation of the broader uptrend.

Sentiment Turning Bullish

Crypto sentiment trackers show a shift from “Fear” to “Neutral” — and even “Greed” in some pockets. Combined with decreasing exchange reserves, this hints that holders are preparing for a longer-term rally rather than short-term profit-taking.

Is This the Start of a Bull Market?

While it’s too early to confirm a full bull market resumption, the current #BTCRebound has strong fundamentals behind it. If macroeconomic conditions remain favorable, and if Bitcoin can hold above key support zones, a new leg up could be on the horizon.