#MarketRebound The cryptocurrency market, led by Bitcoin (BTC), has shown a notable rebound in recent weeks, driven by a combination of macroeconomic factors, institutional inflows, and shifting investor sentiment.
Coinbase predicts a market stabilization by mid-Q2, with a potential rebound in Q3 driven by improving macroeconomic conditions. Bitcoin’s role as a hedge against tariffs and fiat devaluation could strengthen its position.
Bullish patterns like ascending triangles and neutral RSI readings indicated room for further gains. However, the 200-day moving average signaled a bearish phase for altcoins, with the Coin50 index down 41% from December 2024 highs