Bitcoin experienced a strong rally on Monday, breaking through the 80k level. It is clear that the bulls still aim to continue rising and break through.



Last week, I mentioned the final bottom for the bears to escape from. Currently, the technical structure shows that the weekly K-line has broken through the middle band and is testing pressure, and the closing is above the middle band. This indicates that there is still momentum for further upward movement.

Therefore, I suggest looking for a direct bullish move around 78,800-78,500, with a target towards 80,800 and a breakout near 83,500.
BTC2.77%
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