The Bitcoin price has finally broken free from the chains of its downtrend - who's got the popcorn? It looks like the king of cryptos reclaimed its throne at $63,000 in an epic relief rally that's got even the most seasoned HODLers dancing in their seats.

#BitcoinReclaimsThrone #CryptoMarkets

While this rally might have something to do with South Korea's KOSPI crashing 8%, as Presto's Min Jung told The Block that some impact is possible, the connection's still as tenuous as a Bitcoin maximalist on a Twitter argument.

The real takeaway here is that sometimes, price doesn't care about your fancy technicals or macroeconomic theories. Just like how a good meme always gets the last laugh.

Can you call this rally a V-bottom in disguise? Share your thoughts in the comments below.