We aren't through the woods yet by any means ( my personal feeling only ), but today we're hell of a lot better than yesterday. Today Yesterday's daily candle as a green dragonfly doji. We have to see today's candle to see if we are complete on the Bear. However, i can visualised ... 7500-8500 level
Today we formed quite a few mini Inverted Head and Shoulders at the bottom but there was one massive one, which Bitcoin has just broken through it's neckline. I honestly think that was the bottom but we need to keep making Higher Highers to confirm short term.
Red line is long term trend line
Purple lines are resistance turned to support
We're heading up to the 0.5 fib.
First target is $12.6k.
Trade carefully out there it's a mine field