#BTCRebound [

- Technical Indicators:

- A falling wedge pattern suggests a potential breakout toward $90,000-$118,000 if key resistance levels are breached.

- Rising open interest in derivatives markets indicates growing bullish sentiment.

- Institutional Investment:

- MicroStrategy's purchase of 20,356 BTC for nearly $1.99 billion signals confidence in Bitcoin's future.

- Institutional inflows into US spot ETFs reached $3.06 billion last week, supporting Bitcoin's price.

Current Price Action:

- Bitcoin recently rebounded above $95,490, driven by anticipation of Trump's 100-day speech and potential crypto-related policy announcements.

- On-chain data shows investors withdrew over $4 billion in Bitcoin from exchanges, reducing supply and potentially driving prices up ¹ ².