$BTC

timing and strength of a Bitcoin rebound depends on several key factors.

Here’s a quick breakdown of what could support a rebound:

Bullish Signals to Watch:

• Halving aftermath: The 2024 halving just happened. Historically, Bitcoin tends to rebound and rally 3–6 months after a halving event as supply tightens.

• ETF flows: If institutional inflows into Bitcoin ETFs pick back up, that’s usually a strong bullish driver.

• Macro conditions: If the Fed cuts interest rates later this year or inflation cools, risk assets like BTC may see a boost.

• Strong on-chain fundamentals: Addresses with >1 BTC are at ATHs, indicating long-term holders are still accumulating.

Bearish or Caution Signals:

• Weak demand near resistance: If BTC can’t reclaim key levels like $65k–$70k soon, sentiment may turn more bearish.

• Global uncertainty: Geopolitical tensions or stock market crashes can also drag Bitcoin down in the short term.

• Altseason delay: A weak altcoin market sometimes means less overall crypto momentum.

I think it will Bearish 🤔