Looking at 4 hourly chart, fisher transformer has just crossed back up. That means, there is a possible upward momentum coming up and combined with the fact that at this level, the price has just crossed the main 3-month resistant trendline, it is quite likely that we will be seeing more price appreciation as long as the price can stay above the resistant line...
RSI is currently very oversold on the 4 hour chart.
It looks like bitcoin has reached the bottom and a new bull run may be possible over the coming days.
