If the new session 27.02.2020 on US stock opens with a large rebound on BTC we will not seen bounce up. I know this is a difficult situation but trying to get into positions now is like suicide. Technical analysis is very helpful but BTC despite its "independence" reacts very strongly to strong declines and increases in the world's largest indices such as S&P 500 and NASDAK. I have marked two scenarios on the chart. The first optimistic with a reflection around the downward trend line and the second very pessimistic with flash crash because of large declines on the US stock exchanges.
Previous TA
註釋
US stock exchange open with -2% on S & P500. BTC will fall strongly.