12H inverse bulls. - note the stoch fractal.
I'm watching that RSI supportline also - it looks bit like a rising wedge.
I've also outlined what i consider a potential pathway for BTC price action over coming months if there is no bullish catalyst such as ETF approved to prevent the classical triangle pattern from playing out.
A narrative is thus; we pullback...
The similarity to the 14/15 bear market remains intact. This correction is playing out much faster however which is promising for Bitcoin bulls. I think that a larger capitulation volume candle may occur soon.
