I'm seeing a number of posts calling for Bitcoin to start a new bull market almost immediately. Whilst I agree that Bitcoin is approaching an inflection point and we should see a strong directional move fairly soon, it's important to remember that price, can at all times, move in any direction.
The hourly chart above shows nothing more than sideways, choppy price action that continues to coil. Volume has steadily decreased since the February lows so an increase in either buying OR selling could quite easily move price at this point in time. Once the break occurs, that should be accompanied by an increase in volume which will then give us the signal as to which way the next move will occur.
Check out this post for a road map as to the target prices that will be in play once and only once, price has confirmed which direction it is going next.