Bitcoin Analysis.. The price has formed a Potential Double Bottom and price was not able to break below the low formed on 25th Nov,and price bounced more than $1,000 from the level.and the price also broke above the Bullish wedge with a strong momentum,and RSI is also giving Double Divergence on Daily Timeframe, So there is a huge possibility that price will continue to rise till the next resistance level... The Only Concern is that the market has very poor volume.This could be a relief rally within a Downtrend..
Note: Be carefull from Fake Breakouts.. Wait for the formation of Bullish Candlestick Pattern to close on 4hr/Daily Timeframe for confirmation..