Overall, I'm of the mind that breakdown from the triangle was significant, especially as it was accompanied by an expansion of . See the green - was trending heavily downwards and on break of that line we've had noticeably higher .
Looking back, you can also see that normal bull divs /bear divs have signified the local low/local high of the last couple trend reversals. If that holds up, we've just recently had another and I think it's fair to expect this one to somewhat play out as well. However, that triangle support will have likely turned into significant resistance; given that, I don't expect it this div to play out with nearly the strength of the other bull div . The blue line is just one I don't expect to ever fall below again; that's not really saying much though given the rate it's descending, while the upper meme triangle resistance is just the line I'll be watching if we *DO* break back through the former triangle support line.
On the very short term, notice (magenta arrow) the LVN around 6.3k. I think it's fair to expect this is showing the resistance we're current;y dealing with. LVNs are a place the price hasn't spent a significant amount of time, meaning it's a place of resistance we either get thrown back from quickly or, when we break it, we just really blow through it.
Verdict: Possibly a short term recovery (for the next ~1-2 weeks maybe?). Medium term (1-2 months?) I think we'll still be searching for more lower lows unless bitcoin does bitcoin things and just blows up; always a possibility. If you're shorting do it at resistance on the time frame you're trading and with smart stops.