I personaly cannot see Bitcoin going higher it might do as all markets are closed it may regain some price back but the way it went down with the US Stocks and worldwide stocks it be hard for it to go anywhere.
Despite Tuesday's sharp rally, it is too early to say the bird has bottomed out. This is because the descending trend line on the weekly chart is still intact.
Fresh bids are anticipated once the pair breaks above 1.2460. Such a move would confirm double bottom formation and open doors for a rally to 1.2775 levels.
The five daily candles (including today’s) have long tails suggesting dip demand.
Pair’s recovery from 113.625 followed by a recovery above 50-DMA, which is sloping upwards, suggests the spot is likely to revisit 115.00 – 115.50 levels over the next few days.