Bitcoin completed a previous rebound wave in 18 three-day cycles. The current rebound wave has progressed 15 three-day cycles so far. There are approximately 9 days remaining (until month-end) before a turning point occurs.

On 4.28, Japan may raise rates once. After each rate hike, there is typically a downtrend wave with a decline of 20,000-25,000 points. However, that is still 38 days away. If we see a downward turning point at month-end, then following the Japan rate hike, it would continue the downtrend and form a complete monthly-level down wave based on that foundation.

Therefore, time for bulls to push toward 80,000 is limited (next week, early to mid-April). The 3-day and 5-day oversold rebound has not yet completed.