Possible trend line bounce? Seems likely considering our regression trend bottom lines up nicely with our .786 fib level. This local support has shown a lot of power behind it. if we break that 37,5 level than we can rediscuss btc’s options, yet for now btc is in a solid position considering we just are coming out of a big dip from our previous bull run. Ti ‘s are right for opening another long position as i said before in my previous chart where we predicted a perfect opportunity for opening up a new long position before hitting our 48k zone.