According to CoinMeta, and based on the analysis of Aksel Kibar, the daily chart of BTC is forming a bullish head-and-shoulders reversal pattern, with the neckline resistance at $66,600. If BTC clearly breaks through and holds that level, the target price could reach $76,000. This structure might indicate that a potential bottom is being established for this bear market cycle after BTC reached its peak at $126,000.