$BTC is recovering from its dump and looks like bouncing from a local dip! 1 day timeframe Stoch RSI is oversold. 1 week timeframe Stoch RSI is still at overbought, so there might be more price decrease in the longer run, possibly down to 85k. But for now, the BTC price will most likely bounce and 1 day timeframe Stoch RSI being oversold, $BTC price might reach back up to 108k! There might be a short term long position opportunity. Proceed with caution though. Best price to enter long will most likely be at 85k, unless a catastrophic dump happens to $BTC and it drops back to 50k, which is highly unlikely. Follow for more future insights!