Bitcoin has surged past the $86,000 mark and altcoins are witnessing a recovery, offering hope to crypto enthusiasts after last week’s significant downturn. The cryptocurrency market appears to be stabilizing following the decline, with positive signs coming as ETF inflows could materialize today, potentially easing trader pressure. Deutsche Bank analysts have pinpointed five key reasons behind the recent market correction. They suggest Bitcoin is behaving more like a high-growth tech stock than an independent asset store of value, reflecting its correlation with the Nasdaq-100. Additionally, hawkish signals from the Fed and delays in regulatory processes are contributing to investor uncertainty. Notably, institutional investors have withdrawn over $5 billion worth of investments in the past four weeks. Meanwhile, Capo, a prominent crypto analyst, has shared his predictions for Bitcoin’s potential rebound, expecting it to reach around $105,000 before potentially declining to its main support level at $53,000. Further positive developments suggest that global geopolitical events and technological advancements in the field of AI might influence the cryptocurrency market soon.