#MarketRebound

The cryptocurrency market is showing strong signs of recovery, with **Bitcoin ($BTC)** leading the charge. After a period of consolidation, BTC has broken through key resistance levels and is now trading steadily above **$60,000**, sparking optimism among traders and long-term investors alike.

Several factors are driving this rebound:

- **Institutional demand** remains high, with spot Bitcoin ETFs continuing to see significant inflows.

- The upcoming **Bitcoin halving** (expected in 2024) is historically a bullish catalyst, reducing new supply.

- Macroeconomic conditions, including potential Fed rate cuts, are improving risk appetite.

However, volatility remains a concern. While the trend looks bullish, traders should watch for:

- Resistance near **$65,000**, a critical psychological level.