Bitcoin experienced a significant 9% increase, reaching $87,000 in just 8 hours on March 4, following a market sell-off attributed to fears sparked by Donald Trump. Trading indicators suggest this rebound may be short-lived.
Analyst Cole Garner has identified a pattern in the BTC order book that could indicate Bitcoin's next major price direction, posing the question of whether it may rise to $100,000 or drop to $70,000.