Price is now back above the 100-day MA but more importantly...
Near-term it looks like buyers are starting to regain control, but they're not in the clear just yet.
The hourly chart shows that buyers have cleared the 100 and 200-hour MAs, which gives conviction for a run higher - but the January downward trendline may just put a stop to that.
Regulatory concerns have been a factor that's been weighing down Bitcoin prices lately, but also the fact that forks are becoming more and more common means that the original - in this case, Bitcoin - may get less backing as the user base splits.
The most prominent of those forks is of course Bitcoin Cash, and while others have not taken off in similar fashion, a segmented "population" in Bitcoin is something to consider as we go down the road.