After weeks of downward pressure, Bitcoin is finally showing signs of recovery. The recent bounce above key support levels could indicate the beginning of a short-term rally. Many traders are watching closely to see if BTC can sustain this momentum and break past resistance at $70,000. While macroeconomic factors and investor sentiment still pose risks, on-chain data shows increased accumulation by long-term holders. This rebound may not lead directly to a new all-time high, but it certainly offers hope to bullish investors. As always, it's important to stay informed and manage risk appropriately. #BTCRebound $BTC