Bitcoin: 83k is a resonable target for a leg upBitcoin / U.S. dollarBITSTAMP:BTCUSDMihai_IacobAfter printing a local low around 60K at the beginning of February, Bitcoin entered a consolidation phase, with price stabilizing after the sharp decline. At the moment, the market appears to be pressing toward an upside break, suggesting that buyers are gradually regaining short-term control. That said, I do not believe this marks the ultimate bottom of the broader move. However, I do think the market has room for a relief rally. If Bitcoin manages to stabilize above the 70K level, this could trigger further upside acceleration, with the most obvious technical target sitting around 83K. Of course, crypto markets can quickly build momentum. If that happens, I would not be surprised to see an extension toward the 90K area before the next major directional decision. For now, the key question is simple: Can Bitcoin establish acceptance above 70K and trigger the next leg higher? 🚀