Yesterday's bounce confirmed strong support, and proved me wrong while it was at it.

Here's bitcoin on the daily chart, attempting to bounce from the thicc pink trendline (and remember, it's all about girth in here). A bounce here inscreases our chances that we break out of the upper yellow line of resistance.

The 15m saw a lot of bull strength on the first bounce, and since then we've rejected from 6900 twice, which is the start of an ascending triangle formation. A close of a 15m candlestick over 6900 will see us very likely test the yellow line at ~7100, and a break out of that is a signal that the bull market is back for the next week or two.