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January 10, 2025

Bitcoin Rebounds from 2021 Trendline – Analyzing Recovery Potential

After experiencing a fall of over $11,000, Bitcoin has rebounded from a key trendline dating back to April 2021. This bounce back indicates resilience in the cryptocurrency market. Holding this line is crucial for Bitcoin’s future recovery. Market analysts are optimistic about this trend suggesting potential upward momentum ahead. How high can Bitcoin recover from here? The next few weeks will be critical for assessing whether this rebound signifies a larger trend. Investors are urged to monitor closely.

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