After a significant downturn following the Oct. 10 crash, Bitcoin is showing signs of a strong rebound, with experts predicting its recovery. LMAX Group’s Joel Kruger attributes this resurgence to favorable global factors such as easing trade tensions between the U.S. and China and softer-than-expected U.S. inflation data, which supports expectations for a Federal Reserve rate cut. He anticipates Bitcoin and Ethereum will continue to climb after a brief consolidation period. The analyst points out that positive market trends in October, historically strong for cryptocurrencies, could further bolster investor sentiment. His outlook rests on historical market patterns and a positive macroeconomic backdrop that’s attracting more buyers into digital assets.