Now that the second bear flag has been completed. By that I mean the low of the flag has been taken. We could see a small upward movement on the daily chart paired with accumulation. I will not be surprised if we then come down again to take that low, but i don’t expect too much more downside. $49,196 – $59,132 is our key support level. Once we establish support, then I expect us to start the actual new bull market cycle.