We maybe drawing a rising wedge on the 4 hour. While I'm bullish on the descending channel as a whole, I am short term bearish on this rising wedge that seems to be forming. We can play around in the pattern a bit longer and goa little higher before breaking down to the 29k range
The rounding bottom was invalidated. The bearish englufing on the weekly last night was a sign of weakness before we got harsh rejection off the short term down trend. We may dip to the low end of the channel before bouncing back strong. This is the best bullish set up I can see for BTC atm.