#BTCOutlook BTC price starts weekend with sudden rebound

Data from Cointelegraph Markets Pro and TradingView followed BTCUSD as it gained $7,000 in under 24 hours.

After liquidating leveraged long positions with a trip back to December lows near $92,000, finally offered some relief as the weekend began.

Reaching highs of $99,500 on Bitstamp, the absence of institutional trading appeared to make little difference as bulls pushed for a reclaim of six figures.

The rebound came as buyers returned to largest US exchange Coinbase, which had previously spawned sell-side pressure.

“Coinbase buying a lot since lows,” popular trader Exitpump summarized in a post on X, contrasting buying volumes with those of Binance.