I hate to say this but...BTC not out of the woods yet...
RSI on the weekly still has not broken 30. If you look at 2014 it dropped 60% from the bottom of that triangle and bounced and then pierced 30 RSI before the bear market could be ended. After this aggressive drop of recent days I see Bitcoin bounces here upwards 200-800 dollars and then comes back down piercing support of the long term stable bullish channel and possible another double bottom plays out around 3K before it can attempt to enter the bullish channel again. Ultimately I'm Long but I see us making another low first. Not financial advice just my opinion looking at the charts. Peace and Anarchy.
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