Charts only tell a story of what has happened and don't take into account the current news and trends that are happening in the real world. It's why those who follow charts as the end all be all end up getting their asses handed to them far to often.

Right now I feel that the US government is warming up to BTC and crypto as a whole as are the people. The US market is massive and the amount of institutional money that sits on the sidelines waiting for the ability to dump money into BTC is mind boggling. People think the crypto market is large, but it's barely a blip on the screen for the total investments of the institutional investors.

When the big rally happens I will not try to predict other then to say when the institutional money really starts to flow in we will see massive gains. The long hold between 6-6800 really to me shows a nice floor building, but no way to know without a couple strong high volume tests of the floor to know how real it is. If we see a high volume hold of the floor I think we are set for good days ahead on a purely technical side.