#ReboundRally

A “rebound rally” refers to a rapid increase in asset prices after a period of decline or stagnation. This phenomenon often occurs when investors perceive that prices have fallen to attractive levels, prompting renewed buying interest.

In the cryptocurrency market, Bitcoin recently demonstrated such a rebound. On December 24, 2024, its price increased by approximately 5.57%, reaching approximately $98,540, signaling a potential recovery. Historically, Bitcoin has shown an 80% probability of price increases in the week following Christmas, based on data from 2014 to 2023. Analysts project that Bitcoin could reach new highs by mid-January, with potential peaks ranging from $146,000 to $212,500, depending on historical cycles.