As bitcoin retests $14,200 it appears to me that the bottom has rounded up nicely and is starting another uptrend to retest the $16,300 over the next week or two.
When it retests the $14,200 top on strong volume, I would expect it to head right back up to $17,000 and never look back to these still bargain basement prices! If it fails at $14,200, it could fall very hard unfortunately....
https://www.tradingview.com/x/Bf7VVePh/
https://www.tradingview.com/chart/uCcrVIyJ/
As a quick disclaimer: these are merely musings from an armchair quarterback. All information is speculation on my part and not to be taken as sound financial advice.
