I'm becoming more positive the way bitcoin recovered after it hit $6,400.
Are you referring to what appears to be a sharp V bottom? I would be a bit more confident if we find our way back up closer to $8000 and stay there, but the ~$7300 level is so crucial that it keeps lifting the price up when it drops below it, and drags it back down when it goes too far above it. Almost like a magnet.
If the price has bottomed out, the part that follows afterwards is something people hate a lot, which is boring sideways price action. This sideways price action can drag on for months. It might even trigger some investors to dump their bags out of boredom, but that's a good thing because there will be less selling pressure on the way up.
Let dumpers dump, if they do that's a great opportunities for believers who will pick what they dump, we have many believers now, because halving is fast approaching and this is a big anticipation for a big pump that is coming, there are many believers than dumpers now, so i don't believe price will drop to $6000 as one experts predicted.