The Bitcoin market was recently subject to a significant price dip as a public feud between US President Donald Trump and the world’s richest man, Elon Musk, on Thursday negatively impacted the US financial markets. During this period, the premier cryptocurrency crashed by an estimated 5% from $106,000 to trade below $101,000. Interestingly, despite the short-term volatility, several key technical indicators now point to a potentially bullish setup. In fact, this latest pullback appears to complete a series of signals that historically precede major price rallies
source: https://www.newsbtc.com/news/bitcoin/bitcoin-historical-data-points-to-imminent-62-price-surge-analyst/