# BitcoinVShapedReversalBack

In the early hours of May 15, Bitcoin surged from below 79,000 US dollars, briefly breaking above 82,000 US dollars, completing a classic V-shaped reversal. A double bottom pattern on the 4 hour chart was followed by a bullish candle on rising volume, directly repairing the previous breakdown. The rally was driven by positive sentiment around the CLARITY Act and spillover strength from tech stocks like Nvidia. However, selling pressure remains clear above 82,000, and the market is still range bound in the short term, rather than entering a new uptrend.