$BTC Bitcoin recently rebounded and is trading around ≈ USD $93,000.
The overall crypto market has seen a modest recovery in market-cap back toward the ~ $3.1 trillion range. KuCoin+1
📈 What's driving the rebound
Recent dip to lows around $84,000 was followed by a ~7 % surge — indicating renewed optimism and buying pressure. The Economic Times+1
Market observers point to recovering sentiment and some renewed interest from investors after a period of consolidation. The Economic Times+1
⚠️ Why caution remains important
According to recent data, the recent rebound happened on low trading volume, suggesting the rally may be more sentiment-driven than backed by strong capital inflows. KuCoin
Long-term stability will likely depend on whether BTC can convincingly push past near-term resistance (e.g. ~ $96,500) and attract consistent institutional demand. KuCoin+1
🔭 Outlook & what to watch next
If momentum returns to the market, Bitcoin could test higher levels — some bullish scenarios for 2025 have suggested USD $150,000 or more (though such predictions remain speculative). Forbes+1