Bitcoin is beginning to show signs of recovery. The breakout at the 21 EMA on the daily timeframe has already been pierced, which is a quite interesting initial signal. The observed increase is indeed significant, but I suspect that a major momentum will only start if BTC manages to break above the 93k USD level.

Note: trading volume still appears to be suboptimal. This is an important factor before making an entry decision. If you have a higher risk appetite and want to take an aggressive entry, make sure the volume starts to increase to confirm sustainable momentum.