Looking at the time frames from Bitcoin
bottoms matched up against the StochRSI bottoms as well as the RSI
midpoints we can see Bitcoin
is clearly beginning its uptrend now. It is oversold and we are seeing the beginning of its new leg up inside of its parabolic trend. The parabolic trendline
is still in tact and we should see it follow its upward trendline
inside of the parabolic trend over the course of the next 6 weeks.