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Rebound from the bottom, bullish trend established
From the four-hour K-line chart, after Bitcoin touched the low of 80,225 in the early hours of yesterday, it showed a very strong V-shaped reversal pattern. Although there was a deep retracement in the middle, the overall center of gravity kept moving upward, with the current price around 81,600, clearly in an upward channel.
The market trend is extremely strong, with a perfect bullish alignment. Currently, Bitcoin is in the stage of accelerated rally, hold onto your positions, and wait for a bigger move!
Go long near 80,900, with the first target at 82,900, and break above to look at 84,000.