This is a combination of 2 main indicators:
EMA Ribbon - We observe longer line in green (indicating sustained uptrend) vs red (indicating sustained downtrend). historically, the red portions are relatively short. In the last halving period (2012-2016) this period lasted for approximately 13 months. In this period (2016-2020), it last for approximately 12 months. This is relatively accurate thus far, with a Ribbon Crossovers occurring right before testing the Senkou Span.
Ichimoku - The Kumo Twist is the most indicative for projecting future price trends (28 time periods to be specific). We observe that the leading span seems to be printing a green cloud formation. As long as price action remains above this cloud, we can be sure that an uptrend is maintained. It remains to be seen if the price can break above the cloud.
Do keep in mind 2 things:
Firstly, price will always seek to return to its median. And in this case, we see that the price of BTC has extended a fair distance from the Ribbon, hence the recent pullback, seeking to 'hug' the longer term line (or the green line in this case). On this basis, the lowest support without failing the would be approximately $6000.
Secondly, be mindful that this is a longer term analysis, and should not be used for short term or intraday trading decisions. Hold on to your coins lads, for we may be in for a ride soon.
LASTLY, the period to period ratio is about 3:1, so you may want to hold on to those hot potatoes instead of panic selling. :):)