#BTCRebound As of April 22, 2025, Bitcoin (BTC) is trading around $84,000, marking a recovery from recent lows near $77,000. This rebound has been accompanied by a decrease in crypto trading volumes, suggesting cautious investor sentiment amid global trade uncertainties following President Donald Trump's reelection.

Technical indicators present a mixed outlook. While BTC has reclaimed the $85,000 level, the Stablecoin Supply Ratio (SSR) has risen to 14.42, indicating a potential weakness in buying power and suggesting that the rebound may stall without increased demand. Additionally, BTC faces resistance at the $86,000 level, with recent price action showing rejections at this point, reflecting investor uncertainty.

Key support levels to monitor include $83,000, aligning with the 38.2% Fibonacci retracement level, and the range between $81,700 and $79,000, corresponding to the 50%-61.8% retracement levels. A drop below $79,000 could threaten the current rebound structure and potentially trigger further declines.

In summary, while Bitcoin has shown resilience by rebounding from recent lows, the sustainability of this upward movement depends on increased buying pressure and the ability to overcome established resistance levels. Investors should remain vigilant, as current market conditions reflect a cautious optimism tempered by underlying uncertainties.