Bitcoin (BTC) has regained the $61,000 mark after a brief dip below $60,000. According to CoinDesk's data, BTC is currently trading at $61,025, up by 1.5% in the past 24 hours. The rebound comes after BTC fell to a low of $59,800 on Monday. The drop was likely triggered by profit-taking after the recent surge in price. However, the bulls have stepped back in and pushed BTC back above the $60,000 level. The technical indicators are now suggesting a bullish outlook for BTC. The Relative Strength Index (RSI) is above 50, indicating that BTC is in a bullish trend. The Moving Average Convergence Divergence (MACD) is also positive, indicating that BTC is likely to continue to rise. If BTC can hold above the $60,000 level, it could be poised for a further rally. The next target for the bulls is $65,000. However, if BTC falls below $60,000, it could retest the $58,000 level.