
According to observation, I think we are at the bottom and now and there are high chances that the price of Bitcoin might go upwards in a few weeks.
The last time Bitcoin cam this down, the next few days BTC went upwards quickly. So I believe that the price might soon cross $7500 in a few weeks.
We should hold our coins tight in this critical time because sooner or later the correction will end we will see a spike soon.
Your chart seems to be playing well as we have seen decent growth in the bitcoin prices from last couple of days. It seems to be going towarda its resistance of 7000$ it would be interesting to see if it can break that resistance.