Bitcoin (BTC) Rebounds from October 2024 Low as Crypto Market Shows Recovery Signs

The cryptocurrency market is showing signs of recovery following a significant selloff that pushed Bitcoin (BTC) to its lowest price point since October 2024. After a period of heightened volatility and downward pressure, major digital assets, including Ethereum (ETH), have begun to stabilize and post gains. This rebound suggests renewed investor confidence and potential buying opportunities in the crypto space. Market analysts are closely watching key support and resistance levels to determine if this upward momentum can be sustained, marking a potential reversal from the recent bearish trend. The recovery highlights the market's resilience and ongoing volatility, attracting attention from both retail and institutional traders.