On Monday morning, the price of BTC showed a significant surge, with bulls making a strong comeback. Last week, Jiang Wei mentioned that the future trend looks bullish, and the current uptrend is the best verification of that, with all students doubling their investments during the trading session.

On the four-hour timeframe, the K-line retraced to the middle band without breaking it, then surged with a strong bullish trend breaking above the upper band and stabilizing above it. This indicates a strong upward trend, with the auxiliary indicator MACD starting to turn bullish, suggesting that the upward trend is the direction going forward.

On the daily timeframe, three bullish candles are accompanied by small bearish ones rising higher. Currently, the coin price is restricted below the middle band. For the price to break upward, it still needs a retracement to build up energy for the rise. Thus, for today, one can maintain a bullish perspective on the pullbacks.

It is recommended to look for bullish opportunities around the bottom zone of 65200-64800. The target is towards 68000, with the later major surge expected at the 74000 level.

Follow the public account, "What can relieve worries, only Jiang Wei," a treasure analysis blogger full of emotional value. Trading lessons are shared for free, bringing stable strength and clear guidance in the restless trading market, having gone through three cycles of bulls and bears with years of practical trading experience, excelling in naked K, trends, Dow Theory, Gann, harmonics, and wave theory, compiling unique insights.

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