The market's expectations for Bitcoin's rebound height are generally pessimistic, with few believing it can return above 80,000.

My judgment is different. In this wave B rebound, the target is 87,000.
Here are several logical reasons supporting this view:
1. Buy signals in volume-price divergence
The trading volume during the March 4 rally was significantly higher than any rally between November 21, 2025, and January 13, 2026. Even if it wasn't an effective breakout at the time, this volume level clearly indicates that the buying strength at the current position has already surpassed that of the previous rebound cycle. Volume leads price, so wave B should have greater momentum.
2. Historical retracement ratio pattern
Review of three typical bear markets: 2014, 2018, 2022 shows that the peaks of wave B's rebound all coincided with the 0.5 Fibonacci retracement of wave A's decline.
This is not a coincidence. The current 0.5 retracement level of wave A precisely falls at 87,000.
3. Technical suppression logic of STH-RP
STH-RP (Short-Term Holder Realized Price) has been an important resistance line in each bear market, but wave B has temporarily broken through it:
2014: Wave B high at 685, which is 9.7% above the STH-RP of 624 at that time
2018: Wave B high at 11,770, 9.2% above the STH-RP of 10,800
2022: Wave B high at 48,200, 4% above the STH-RP of 46,350
Currently, STH-RP is around 88,000. Based on historical slope calculations, by mid-April when wave B peaks, this level is likely to drop to around 84,000. Even with only a 4% breakout, the corresponding price is still 87,000.
This level perfectly aligns with the 0.5 Fibonacci retracement, providing double confirmation.
Operational perspective:
Today, Bitcoin once again fell below 69,000. Those waiting for a pullback now have their chance.
The pullback is unlikely to last long, and the market will enter a wave B rebound window. Whether you dare to buy depends on yourself.