Apologies, as one of my resistance lines were not locked in.
Red arrow shows where that double red line should actually be.
Crossed over the moving average.
Let's wait and see it can stay above this next resistance level.
BTC formed a double bottom, but failed to break through resistance falling again to support lines.
We can take this as two ways.
Positive - Formed a triple bottom now, which could lead to a reversal from the bear trend.
Negative - Looks like Head & Shoulders pattern has formed, seemingly siding with the more bearish future tendencies.