The Bitcoin trend at the beginning of the week shows a clear bottoming and rebound pattern. After being supported around 64,900, the price gradually rises and has now reached near 68,400.

From a technical perspective, on the daily chart, after a series of downward candles, two consecutive bullish candles have appeared, indicating that the rebound momentum is gradually strengthening and the previous decline has been effectively recovered. The short-term trend is showing a steady upward pattern. After touching the lower band of the Bollinger Bands, the price found support and rebounded. Currently, attention should be paid to the resistance at the 70,000 level. If this level is broken effectively, the upward space will further open.

It is recommended to go long around 67,000 and 66,500, with the initial target at 70,000, and if broken, then look towards 72,000.