BTC is looking at a major support zone formed by confluence. Bitcoin's price has retraced it's last movement upward to the 78.6% zone. Volume is starting to increase. A major trend support is near, and price has structured support around the $10,000. Watch for a bottom pattern such as an inverse head and shoulder, Japanese candlesticks on the 4H and 1D charts, or strong buying volume to confirm the reversal.
