币界网报道：Bitcoin shows a bullish engulfing pattern on daily charts, signaling a 78% probability of reaching new highs, according to technical analysis. The pattern emerged after BTC rebounded from recent lows, with traders noting strong buying pressure around key support levels. Market analysts highlight this classic candlestick formation often precedes upward momentum, though some caution that macroeconomic factors could still impact crypto markets. Several indicators including RSI and moving averages now point to strengthening bullish sentiment. Exchange data reveals increased accumulation by large holders, while derivatives markets show rising open interest in call options. The pattern's historical accuracy suggests potential for significant price appreciation if current support holds, with some chartists projecting targets near all-time highs. However, volume confirmation remains crucial for validating the breakout scenario.