Bitcoin temporarily recovers to $88,000... Will it regain bullish momentum?

It was analyzed that Bitcoin continued to be bullish compared to the previous day and regained upward momentum. As of 9 a.m. on the 25th, the price of Bitcoin in South Korea rose 2.51% to 128 million yen.
At the same time, the overseas Bitcoin price according to CoinMarketCap rose 1.74% to $87,445.
Earlier in the day, the price briefly surpassed $88,000. This has led some analysts to believe that Bitcoin could regain the "bullish momentum" of the second quarter.
Block issued this analysis on the 24th (local time), citing several experts. Rushi Manche, co-founder of the movement, said, "The price drop in the first quarter is temporary.
"As such, market conditions are teasing a rebound in the second quarter," he said, predicting that a shift in monetary policy by the Federal Reserve could lead to an inflow of funds into the virtual asset market.
Axel Adler Jr., a crypto quant analyst, also said that "Bitcoin's recent decline is a healthy correction," and that "9
"It could rise to $130,000 within 20 days," he said. According to on-chain indicators, the current cycle is not the "beginning of a bear market" but a "healthy trend."
The explanation is that the market is close to being in a stable state. Investment demand is also improving. According to the virtual asset data platform Alternative.mi, the Crypto Greedy Public Index rose 45 points from the previous day to 100 points.
The Crypto Greed Index is a numerical value ranging from 0 to 100 that indicates the demand for virtual asset investments, with the closer to 100 the greater the demand.
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