$BTC
has recently recovered to around $91,271 after dipping as low as about $88,000.
The rebound follows some turbulence — with volatility tied to macroeconomic factors like inflation data and interest-rate expectations.
Some high-profile voices remain skeptical. For instance, Michael Burry recently described Bitcoin as the “tulip bulb of our time,” warning its current valuation is irrational.
On the bullish side, Cathie Wood — a well-known investor — maintains a positive long-term view for Bitcoin despite market noise.
📰 Other Important News & Context
SpaceX reportedly moved about 1,083 BTC (worth roughly $100 million) to a new wallet recently — a large-scale transfer that caught investor attention.
Market watchers are observing that macroeconomic shifts — including potential interest-rate changes and inflation data — remain key drivers of Bitcoin’s short-term direction.
🔎 What It Means
The price rebound to the low-90 K range suggests investor sentiment is tentatively recovering — but volatility remains high.
Large transfers by institutions (like SpaceX) add intrigue: such moves may signal shifting holdings or future institutional strategies.
Diverging opinions among experts (some bullish, some bearish) reflect ongoing uncertainty: Bitcoin remains highly sensitive to macroeconomic conditions and broader crypto-market sentiment.
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