#ReboundRally
🔥 Bitcoin has recently exhibited a rebound, with its price rising above $96,000 after a period of stagnation following the post-election rally.
This resurgence is partly attributed to the "Santa rally" phenomenon, where cryptocurrencies experience a year-end increase.
Analysts are optimistic about Bitcoin's trajectory, suggesting it may reach new highs by mid-January, potentially peaking between $146,000 and $212,500, based on historical cycles.
However, caution is advised due to inherent market volatility.