#MarketRebound

Signs of a potential Bitcoin market rebound emerge as 2024 comes to a close Bitcoin also recovered from key support levels, including 92,800 0.0% and continued to gain, despite a 2.4% drop in December as supported by technical measures, including Bollinger Band and Fibonacci corrections. Analysts expect it to jump to $105,000, on positive market sentiment and bullish pattern.

From an on-chain metrics perspective, there are signs of decreasing severity in Bitcoin’s drawdown cycles, with the realized price of long-term holders sitting at $86,000 acting as an important support. The potential for regulatory greased with Donald Trump's crypto-friendly policies to Bitcoin spot ETFs’ approval fuel even more optimism.

More access and confidence in Bitcoin as a global asset. Despite continued short-term turbulence, the long-term outlook has remained upbeat, with one priceprediction being $180,000 by the third quarter of 2025. Investors are advised to keep an eye on technical levels, regulatory changes, and institutional flows to take advantage of optimized for the market's recovery.