Bitcoin has stopped falling and rebounded, currently rebounding to the resistance level near 115000.
The overall large structure still looks bearish, but the bullish momentum in the short term is quite sufficient. The rebound has not ended and may pull back a bit before continuing to stretch. The upward diagonal trend line can be referenced for resistance.
Trading suggestion: Buy on a pullback near 113800-113000, with a stop loss at 112500. Currently looking at 115000, and if it breaks above, watch for 117000.
