Bitcoin Surges to $90,000 Amid Speculation of Dead Cat Bounce

The cryptocurrency market has seen Bitcoin's price surge to $90,000, sparking speculation about whether this is a temporary recovery. Currently trading at $90,220.57, Bitcoin has risen by 1.94% in the last 24 hours and nearly 8% over the past month.

Bitcoin remains below its all-time high of over $126,000, but analysts maintain optimism for further increases.
Cathie Wood of Ark Invest predicts Bitcoin could reach $1.2 million in five years.
Crypto trader Peter Brandt suggests Bitcoin might hit $250,000, supported by macroeconomic trends.
The sustainability of the recent rally remains uncertain.

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