Do you see a reason for the price of bitcoin to go up that fast? Because I don't, technical analysis is definitely a very useful tool and I rely on it since it gives you a very clear vision of where we are, but you cannot ignore what has happened to the market during the last year, if we want that investors come back to the market then we will need several positive news in a row that convinced them to come back and since I do not see that happening then the price will remain at the current levels for now.