This is why I think, Bitcoin might have triggered a Buy Signal.
1. Bitcoin has a support at its "Golden Pocket Ratio". 2. Trend channel might stop the down turn. 3. Fear & Greed Index for Bitcoin is at 17, which can be seen as a contra indicator. 4. Bullish turnaround candle today
If Bitcoin can make it to close over 7500 USD, we might see the beginning of a rally and the dip below 7500 USD was just a fake move.