$BTC on Bitcoin's rebound viewpoints and signs:
Technical Analysis Level
- Data from market research firm Fairlead Strategies indicates that Bitcoin's latest rebound suggests a bullish momentum in the short term, with its daily moving average indicators slightly approaching buy signals.
- Bitcoin decisively crossed the $100,000 mark late last week, flashing three bullish signals, including the price breaking out of an ascending wedge and a breakthrough of Fibonacci extension levels.
- According to opinions from crypto bloggers, Bitcoin is currently oscillating between $96,000 and $98,000, with some traders believing it will rebound to $102,000 thereafter.
Market Sentiment and Capital Flow Level
- Despite the Federal Reserve releasing hawkish signals on Wednesday, which led to Bitcoin briefly falling below $100,000, it quickly recovered most of its losses.
- The inflow of funds into spot Bitcoin ETFs is continuously increasing, and several large funds have begun to significantly increase their Bitcoin holdings, indicating that institutional investors remain optimistic about Bitcoin's prospects, providing financial support for its rebound.
- Some traders and analysts, based on expectations regarding the U.S. macroeconomic policy and regulatory environment in 2025, believe that Bitcoin may continue to rebound.
