Bitcoin, how far can it break upwards? 86,500 is the key level for a second bullish outlook!

Yesterday, the market was still leaning towards a bearish sentiment due to previous resistance, but the bulls surged strongly, and as the price consistently rebounded from the lows, it actually transformed into a potential bullish stance, a resilient pattern. In a weak trend reversal, it should drop decisively rather than being able to recover every day.

So, in terms of trend patterns, today we are looking at whether the rise can continue. 86,500 is the previous watershed and can also be considered a key support level.

Today:

Buy at any position below 87,000, with a stop at 86,200 and a target of 90,000!