#BTCRebound

Bitcoin's recent price movement suggests a potential rebound. After experiencing a 7% surge, BTC reached $87,000, driven by softer-than-expected US inflation data and easing geopolitical tensions between Russia and Ukraine.

Analysts predict that Bitcoin could bounce back to $92,000 in the next three months, with short-term signs indicating a possible comeback. The cryptocurrency's immediate technical projection points to a positive trend, with forecasts suggesting a 70.68% gain.

Several factors contribute to this optimism:

- *Softer Inflation Data*: The US Consumer Price Index (CPI) rose to 319.08 points in February, with an annual inflation rate easing to 2.8%.

- *Geopolitical Relief*: Ceasefire negotiations between Russia and Ukraine have boosted investor confidence, reducing market uncertainty.

- *Technical Indicators*: A falling wedge pattern and neutral funding rates suggest BTC could push toward $90K-$118K if key resistance levels are breached.

While there are signs of a potential rebound, it's essential to remain cautious, as leverage-driven swings could still dictate near-term price action.