The Path to an Imminent Bitcoin Reversal

Bitcoin may be establishing a near-term low.
However, for a confirmed reversal signal and to validate a counter-trend rally targeting the 21-week moving average, the market requires bullish confirmation on higher timeframes.
The primary development to monitor is the potential formation of a bullish divergence on the 12-hour and daily charts, characterized by price action forming a double bottom (or even lower lows) pattern coinciding with rising lows on the RSI and MACD indicators.
No significant buying volume yet.