We are now encountering a major resistance.
spike are low and lower. Bottom goes easily oversold.
There is a pattern and I showed a possible in a previous analysis.
We are probably completing a B wave of cycle.
Theory can be invalidated if the resistance will be broken.
We are actually in a high risk situation for big loss. Possible gain is way inferior to loss.
Definitively we have to change something in our wallets.
It seems to show some bullish divergence the RSI. So 8K was to low and 12-13 was the downward level.
I would look at what Goldbug says