That means it's time to buy Bitcoin at a discount, Bitcoin chart analyzers have been saying this for weeks, way before China FUD and Jamie Dimon comment.
Same pattern when Bitcoin was trying to Break $3,000 and pulled back down to $1,700 and then major run to $5,000! Major run to $6,000 between $8,000 is coming up next! I know you'll be right in here saying CCTL is a scam still