In a notable rebound, Bitcoin (BTC) has surpassed the $63,000 mark, defying bearish market predictions. This comes after the cryptocurrency hit its support level of $60,000 on Friday. The surge in price can be attributed to an influx of buyers entering the market, driving up demand and consequently, the price of BTC. This development underscores the volatility and resilience of the cryptocurrency market, even amidst bearish forecasts.