#MarketRebound The price of Bitcoin is gearing up for a 70% to 80% gain with the increase in on-chain metrics and BTC ETF inflows

Bitcoin bulls return as they recover the $90,000 level, and an analyst predicts an 80% gain "from here".

The price of Bitcoin has been in a persistent downtrend since January, but the rally on April 22 above $91,000 marks its first higher high break of the year and the possible start of a new longer-term uptrend.

The higher high pattern occurred after BTC surpassed its previous declining high and the resistance at $88,500, but the real factor that will keep the price afloat is the buying volumes in various cohorts of the Bitcoin market.