BTC Update

BTC attempting to reverse on the daily chart. Price bounced off the 200 SMA and bottom of the trend line. Both positive signs. Day chart attempting to form double tweezers bottom which is a reversal sign. RSI almost hit the 30 line which only happened a few times in 2017. Each time it did, BTC followed with a long bull run up. We're not out of danger yet but we're close.
Trend Analysis

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