**Bitcoin Rebounds Amid Market Tug-of-War**

Bitcoin (BTC) saw a brief rebound on July 24, with prices targeting $67,000, up about 1% for the day. Despite some expected dips, BTC held strong at key support levels of $65,000 and $65,110, the latter being the cost basis for short-term holders.

Popular analyst Jelle noted that Bitcoin's market structure remains bullish, suggesting a potential test of $72,000. Onchain data from CoinGlass indicates possible short liquidations around $7 billion at this level.

However, challenges loom. Willy Woo highlighted bearish factors like Mt. Gox payouts and the launch of U.S. spot Ether ETFs, which could divert capital from Bitcoin. Despite these hurdles, Woo believes bullish factors still dominate, predicting a potential surge if BTC breaks $73,000.