Bitcoin is holding the level that historically comes before a short bounce, which is good news for buyers.

• Bitcoin closed back above the key line it had slipped under, and it is still holding there.
• Past cases where Bitcoin dropped away from that line and then reclaimed it were followed by a gain of about 3% within five days.
• That pattern worked roughly two-thirds of the time, and the current setup looks stronger than the average case.
• From this week's low, that points to a move back toward the recent highs, with a chance of new highs.

Outlook: Expect sideways-to-higher trading as long as Bitcoin stays above the reclaimed line.

## Bitcoin Levels

• **Bias:** Bullish while price holds above the reclaimed line.
• **Buy / accumulate:** The reclaim above $83,750 (yesterday's close) was the buy opportunity; near yesterday's low.
• **Support:** $84,100 — must hold.
• **Targets:** About $86,000 within 5 days (+2.8%), then a retest of the recent highs and possible new highs.
• **Invalidation:** A loss of $84,100.