two possible moving supports on the 6-hour RSI, both robust with 3 points of contact. the most recent bounce off of BLACK corresponds with the price threatening to break out of its lower bollinger band in your figure. as a side note, it is always wonderful to see agreement between two technical measures as it is one of the few ways to show empirical consistency in this practice.
unless we actually break under this support, there is no bear signal i can see.
--arepo
Thanks for comparing your analysis with mine, and deriving insightful conclusions.
There is a chance to cross that RSI support,even after the third bounce (as indicated in your graph)
Where is the single most make or break issue affecting Bitcoin in this present time, reflected in your charts?
Market would trade between 623 to 778 band till January 9,2014 (if any extreme news doesn't come in this period),although there is chance of break of this upper-band in next 4 days .