Things are looking good for bitcoin, we broke out of the short term down trend line and now we are having a bit of a correction following. Now we have a confirmed bounce on the down trend line AND the resistance level back in mid november that signifies strength and continuation of this up trend.
Next test is 10,500 and if we can break that i will feel confident that bitcoin is full out of this downtrend.
Did the same things on Jan 15th, Jan 20th, and Jan 28th as far as breaking trends and then breaking down. Extremely hard to trust these short trend lines during the bear market imo.