Bitcoin has made a notable recovery, rising above $100,000 and currently trading at $104,430. This upward movement follows a historical pattern in which Bitcoin tends to strengthen after periods of sharp declines. Market pullbacks, viewed as discouraging by short-term investors, have been identified as a critical factor behind Bitcoin's long-term strength. These pullbacks provide opportunities for patient investors to position themselves for future gains. Additionally, the Coinbase Premium Index (CPI), which reflects US investor sentiment, has returned to positive territory for the first time since January. This suggests that American buyers are reclaiming market influence, potentially driving Bitcoin's recent gains.



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