Looking at this daily chart against CoinBase data it looks to me like we are forming an ascending triangle and still bullish on BTC for the next 6 months unless we begin a downtrend. We should expect to slowly climb our way back up to 19.5k as we continue to consolidate and expect a breakout to 50K.
Before the recent bounce many were insistent that BTC was dead and the bubble has bursted. There are also so many "investors" watching 15 minute charts for signs of a reversal, lol.
Funny thing is we are not even in a downtrend overall, so using minute charts should be left to the professionals.
Feedback welcome...