On Monday, Bitcoin's early price action saw a spike, with the price dropping directly to the 65,000 mark, failing to continue downward, then quickly rebounding to around 66,500. The price is now consolidating at this level.

After the spike, there will surely be a rebound, so bulls may warm up during the day. On the daily level, the price touching the lower boundary again shows a bullish candle, and a significant bullish candle may appear today, though this is currently a prediction; the price will ultimately prove itself as we see how it moves. However, from the perspective of the market's pullback and bottom formation, a rebound should start to happen.

It is recommended to look to buy in batches around the 66,000-65,800 area today, with a target near 68,000; these levels are for reference only.

Follow the public account, as only Jiang Wei can solve worries. A treasure analysis blogger with a full emotional value, sharing trading teaching for free, bringing stability and clear guidance in the restless trading market, having traversed three rounds of bull and bear markets and years of practical trading experience, skilled in naked K, trends, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, consolidating into unique personal insights.

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