$BTC Bitcoin opened in the afternoon with initial weakness followed by strong gains, hitting a low of 70508, then surging strongly to 71817. Current price is 70789, with intraday decline narrowing to -0.97%. Overall trend shows characteristics of bottoming out with rebound and volume breakout, with short-term bullish sentiment recovering.
Therefore, Bitcoin's afternoon bottom rebound and volume breakout present technical bullish signals dominating. In the short term, you can go long based on the Bollinger Bands midline as support, targeting previous highs and the Bollinger Bands upper rail; i