So here is what happened since the last down trend.
I am expecting the price of Bitcoin to go down a little more, perhaps down to $6,000. We can see that if the price goes down $200 or $300 more, the RSI still has a "comfortable" margin for a bullish trend again soon. We'll see this in a few weeks time.
Interesting observation, thanks for sharing. It looks like a potential bullish three drives pattern: https://www.forex.com/en-us/education/education-themes/technical-analysis/bullish-3-drive-pattern/
We're looking for a slight lower low, shorter term. $6,000 would be perfect for that pattern, and for bullish divergence. If bulls can show a sign of strength there, it'll be really promising for a bullish resolution from this sideways. Fingers crossed for that. I'm dying for a trend to trade!