$BTC Has Bitcoin's bull returned?
As I mentioned in my previous post on Binance Square, I still believe that the confirmation of a phase bottom/top must go through a process of double bottom/top testing.
I still believe it will pull back to around 79000 to 80000, and then start a new round of rising.
As for whether this new round of rising is a rebound or a reversal (creating a new historical high)? That's another story.
And during the process of falling back to 80,000, it should move in three stages (the white line in the picture). There should be a small rebound at 84800, and then it will ultimately fall to around 79000 to 80000.