#BTCRebound
Bitcoin (BTC) recently experienced a rebound after a significant drop in March, where it had fallen to 76,600 USD. Currently, it is trading around 87,330 USD. This rebound could signal a trend reversal, but there are still uncertainties. The approval of spot price-linked Bitcoin ETFs in 2024 has strengthened the legitimacy of BTC and attracted institutional investors. Some analysts predict that BTC could reach 200,000 USD by the end of the year. However, it is important to monitor economic developments to assess the sustainability of this recovery.
