W local bottom for BITCOIN?

Price action is looking weak but still holding 2017 ath support, this local bottom on the descending channel is compressing on the middle resistance.
Some factors to insider is that DXY is shooting to 2002 / 2003 levels and Bitcoin price is not dropping further, which led me to believe there is a chance for a relief rally for btc..
Bitcoin (Cryptocurrency)Chart PatternsdollarDXYlocalbottomTrend Analysis

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