#BTCRebound Bitcoin has recently experienced a notable rebound, with discussions focusing on whether this signals the return of a broader bull market. Following a period of fluctuation around the $85,000 level, Bitcoin has shown strong upward movement, breaking through resistance at $86,000 and reaching above $88,000. This surge has led some analysts to suggest that the bottom may be in, increasing the likelihood of a rally towards $95,000 or even $100,000.

Several factors are contributing to this rebound. Increased institutional interest and positive market sentiment appear to be key drivers. On-chain data indicates that large Bitcoin holders, or "whales," have been accumulating Bitcoin in recent months, suggesting confidence in future price appreciation. Additionally, a weakening US Dollar Index (DXY) has historically provided a tailwind for Bitcoin.

However, some analysts remain cautious. The $88,000 - $94,000 range is considered a significant resistance zone where the previous bullish structure was broken. Overcoming this zone is crucial for confirming a sustained upward trend. Furthermore, global economic news and potential tariffs could introduce volatility and impact Bitcoin's trajectory.

Overall, the recent Bitcoin rebound has generated optimism, but the sustainability of this upward movement hinges on overcoming key resistance levels and the broader macroeconomic environment. Monitoring trading volumes, whale activity, and market sentiment will be essential in determining the strength and longevity of this recovery.