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Why Bitcoin Is Going Up Today: Will BTC Continue Its Bullish Rebound?

  • Bitcoin price has seen a bullish rebound, surging 3% in the last 24 hours to about $84,233.
  • Encouraging inflation data and a calmer leveraged market have contributed to the price gain.
  • The recent surge in gold prices also played a role in the Bitcoin price recovery.
  • Despite low demand from whale investors, Bitcoin is expected to approach the bottom of its correction phase and potentially rally beyond $108k.

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