This could very well be the trend reversal, but we'll only know if it was the real one when we break through the long-time resistance at about $350. That's when the bull market is confirmed!
Getting closer!
Though I'll trust more the trend reversal when we break 600, the high we reached during the mini 2014 bubble.
Yeah, could also be a psychological mark, but I think it's more important to go by trendlines drawn on a linear long-time scale. That being said, the magic spot is at about $350 at the moment (going down)