$TRUMP

rebound is currently underway, with its price surging to $87,096.97, representing a 3.17% increase. This upswing comes after a brutal five-day sell-off that saw Bitcoin plummet from $96,400 to $75,000. The cryptocurrency's market capitalization now stands at $1.68 trillion.

*Key Factors Influencing the Rebound:*

- *Support Levels:* Bitcoin has reclaimed the $84,200 support level, a crucial inflection point that could determine the next phase of price action.

- *Resistance Levels:* The next key resistance levels to watch are $87,200 and $90,320. A decisive break above these zones could mark a shift back to bullish territory.

- *Market Sentiment:* Trader sentiment is shifting, with short-term oversold conditions attracting dip-buying interest. However, macroeconomic factors and risk sentiment in traditional markets will play a crucial role in shaping Bitcoin's next move ¹ ².

*Future Price Predictions:*

- *Bullish Scenario:* If Bitcoin maintains support at $84,200 and breaks above $87,200, it could open the door for a retest of $90,320 and potentially higher levels.

- *Bearish Scenario:* Failure to sustain momentum could trigger another wave of selling pressure, with Bitcoin at risk of retesting $81,900 and $78,100 ¹.

The current rebound is notable, but the path forward remains uncertain. Bulls must push past $87,200 to solidify a recovery, while a failure to hold above $84,200 could invite further downside.