#MarketRebound

Signs of a potential Bitcoin market rebound emerge as 2024 draws to a close. Bitcoin also recovered from key support levels including 92,800 0.0% and continued to gain despite a 2.4% drop in December, supported by technical measures including Bollinger Bands and Fibonacci corrections. Analysts expect it to jump to $105,000 with positive market sentiment and a bullish pattern.

From an on-chain metrics perspective, there are signs of decreasing severity in Bitcoin's down cycles, with the realized price of long-term holders sitting at $86,000 acting as important support. The potential for regulation driven by Donald Trump's crypto-friendly policies to approve spot Bitcoin ETFs further fuels optimism.

More access and trust in Bitcoin as a global asset. Despite ongoing short-term turmoil, the long-term outlook has remained optimistic, with a price forecast being $180,000 by Q3 2025. Investors are advised to keep an eye on technical levels, regulatory changes and institutional flows to take advantage of the optimized market recovery.