I'm speechless. BTC has climbed all the way back from the bottom of the pit, and it actually managed to push back above the double moving averages, completely failing to dig the deep hole the bears were waiting for. To be honest, both the four-hour and daily charts are trending up in lockstep, and the price is moving more and more steadily above the moving averages, with only half a step left to reach this wave's high. Spot aggressive buying has pinned the sellers down hard, and the order book bid side is ridiculously thick. The big players are holding their breath; once they let it out, all those short positions in the bears' hands will be turned to ash, leaving not even dregs behind.