Seems like a completely different perspective to traditional daily charts. I think the pattern is easier to digest here. Either it's continuing to repeat the fractal in smaller size, or it breaks upwards if there is growing volume. I don't see a growing volume so far...
This is for educational purposes only. The current bull trend looks like it will top at 9000 and 11000. The second phase mean will serve as support when it goes down to around 8200. After which there is another bull wave towards 42k. That bubble can burst and go back down to the bottom support at 9k after which it starts the bull run towards high resistance at 110k.
Here are two ways I speculate that BTC will play with it's old log trend-line.
Option A stays bullish til Dec 2020 and get's as low as the support line.
Option B stays bearish til Dec 2020 and get's as low as 3000 support area, after which a bullish trend can start.
Hope it's A!
Disclaimer: My approach is very unorthodox as I am not a professional trader.
I think that the current bullish wave is following a very similar pattern that occurred 2 months ago, fitting to an Elliot Impulse Wave (12345). In this chart I have made 2 month long lines to show the similar periods of each trend. The vertical lines illustrate the highest it reached...