Bitcoin Steady at $90,000: Signs of Market Rebound Emerge

Bitcoin’s price remains firm around the $90,000 mark despite lingering market skepticism. While investor sentiment remains marked by ‘fear’, recent data suggests a potential shift towards optimism for a market turnaround. Analysis points to historical trends that often precede market bottoms, with Geoffrey Kendrick of Standard Chartered noting a convergence between MicroStrategy’s Bitcoin holdings and stock valuation as an indicator of upcoming growth. Experts are closely watching these metrics, with Kendrick predicting a bullish trend by year-end. 💰