as much i would like to be bullish about BTC, i think is not the time yet.
In the short term we can see a triangle or wedge formation, that is likely to be broken down following the previous move.
If goes down, will form a flag pattern that have as goal the the same size as the poll.
If you look this chart in weekly period you will see in the green...
As you can see EURUSD is in a down trend channel and right now is forming a head and shoulders , almost breaking bellow.
The red rectangle show a very strong support zone , where if you look at the daily chart you will see 3 engulfing pattern there.
If it breaks bellow the head and shoulder I think will have a exponential run down.
Just my thoughts!