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Vibration accumulation, the structure is inclined to rise!
Bitcoin shows a "rebound from the bottom" pattern this week. At the beginning of the week, pressure was around 79,500, and it rebounded to test support at about 74,800; in the second half of the week, buying strength increased and a counterattack was launched, reaching a high of about 79,100 today, confirming the dominance of bulls.
The KDJ indicator suggests that the market is in an overbought condition in the short term, but no bearish crossover has appeared, indicating strong correction characteristics. The price is standing on the middle average of the weekly Bollinger Bands, with signs of an upward trend, the upper band is open upwards, and the upward channel remains tight in the medium term.
Direct buy around 77,000, with the first target at 80,000, and if broken, the next target is #K