This is an important level as it will put bitcoin back into a upward and allow for a breakout of the .
$10,500 is the next important resistance point as at this point bitcoin will be out of the and as well as in the upward .
If bitcoin falls back down to $6,000 and bounces again this will a sign of a solid bottom support.
A breakthrough of this level would test the $5,300 .
The has formed a upward which could be hinting towards $6,000 being the final dip.
The are also hinting towards a upward trend.
A breakout of the $9,500 resistance point and back into the upward would be a indication of bitcoin finalising this dip.
This would be the beginning of a new run across the year.
This would be a very positive sign and a very likely ending to this dip.