It broke the descending triangle first and after accumulation price moved up. Today double dip line has been broken too. Descending Triangle target is around 31$ (0.618 Fibonacci level) And double dip target is around 24 $ (0.382 fibonacci) Accumulation is possible between 200 day moving average and double dip line.
As i mentioned before When there is a trend line between 2013 second peak and 2017 peak , and that line was broken in the february 2021. Now it works as support Today bitcoin tested that line and price trying to stay above the line. Under line means bitcoin is bull is over, over line means bitcoin bull continue.