#BTCRebound

Bitcoin has recently experienced a surge, surpassing 87,000 USD for the first time since early April. This 3% increase in 24 hours is attributed to an improvement in global liquidity and renewed institutional interest. However, some analysts warn that the market remains uncertain and that the upcoming Federal Reserve meeting could influence the future direction of BTC.

On the other hand, Bitcoin has been consolidating between 82,000 and 86,000 USD, which has generated losses for short-term investors. Despite this, large holders of BTC have shown signs of accumulation, which could indicate a potential stronger rebound in the future.

Additionally, the recent increase in BTC has coincided with a return of institutional confidence, reflected in Bitcoin ETFs, which have started to record net inflows again after a week of significant outflows.

The recent rise of Bitcoin above USD 87,000 may signify more than just a typical holiday rally, according to a new report from Singapore-based cryptocurrency trading firm QCP Capital.

Analysts at the firm say that the movement reflects growing signs of renewed institutional interest, with spot Bitcoin ETFs returning to net inflows after a week of significant outflows.