Bitcoin has reached the position of 87000 this morning! However, there is still a gap of 1500 points to the upper resistance zone of 88500. If buying volume is insufficient, the market will continue to fluctuate sideways for a while. Although Bitcoin is rising, the top 20 cryptocurrencies by market capitalization have limited upward movement. Therefore, it cannot yet be confirmed that this is a signal of a bull market.

If we are to look upward, the market must maintain around 86000-87000 for there to be a possibility of further approaching the 90000 mark.