If bitcoin is going to become a useful global currency then this is the perfect buying point. Huge sell off on expanding volume right into value buyers at $1000. Right at cross of median lines. No confirmation. But I like it. If this continues established trend, then we're right at the critical point of a turnaround.
Comment:
Trading is going well. First target of the Median was reached and price didn't even react. So the next target is the UMH (Upper median parallel) which we've almost hit.