Things to note:
Bear extension targets hit - 1.618% fib level - a re-test of the 0 fib level very likely.
Descending pattern nearly breaking out on the daily.
Daily - oversold favoring bulls
I see a solid 3-1 risk reward for the long side (Target $110) (stop $73). Risking about 8% downside for 30% upside... only in crypto :p
Best of luck.
the last trend-line resistance - $100 should be right around the corner
Still long-term bullish - expecting near-term rally into $70, then follow up sell- off into $55 as Bitcoin sells into 5k, which I believe, WILL be the bottom. Hold ON!