Alright fags here are my thought as promised. For those who don't know, I've been posting my astrology reading and advising to not buy over $6000 until trend reversal or support confirmation, we have both now.
This support line has been holding solid despite of the increase of volume. BTC was primed for a three dives pattern (which is a bullish pattern) but at this point looks like It won't go all the way to the bottom.
Yesterday we had the most highest volume since April 15th and the most bullish since February 6th. This phenomenon happens to combine with an increasing Shorting pressure which may start another cascade effect like we experienced on April 12 due to shorts buying BTC to prevent position liquidation.
TLDR
This is officially the first higher low we experience in a cycle since the great market crash. It coincides con 2 very bullish indicators so we may see a higher high this time.
If all of this come true as it looks like we are in for a perfect cup and handle formation by February (remember SEC can extend their decision about CBOE's ETF up to the third week of February 2019) leading to a possible ATH regardless of the outcome.
