Bitcoin is testing the $95,000 mark, sparking excitement for a potential rebound in the new year.

Renowned analyst predicts a possible New Year rebound for Bitcoin (BTC) as the cryptocurrency surged 4.2% to retest a key level. Despite struggling to maintain its mid-zone price range, Bitcoin hit a new all-time high of $108,353 in December. However, it has since declined by 10.5%. Recent gains on New Year’s Eve sparked hope for a price rebound, with analyst Ali Martinez noting a potential buy signal suggesting a bounce. Meanwhile, James Van Straten remains optimistic, stating “all is well” despite current price action. BTC is currently trading at $94,949, marking a 1% increase in the daily timeframe.

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