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Bitcoin Forms an Outside Bar at the 100-Day SMA

Since the 2014-low in April around 340, Bitcoin price has rallied to 683 in June. I has since consolidated, and we saw the latest bearish leg in July from about 658 to 555. On the daily chart you notice a few things:
1) Price is testing the 100-day SMA first time since crossing above it in May.
2) The RSI was at 30, and now it is turning back up.
3) Today's candlestick has a lower low and higher high than the previous day's. This is called an outside bar, and is a bullish signal.
(BTCUSD Daily Chart 7/31)

The signal in the daily chart is a very early one. The 4H chart shows no real signs of bullish reversal just yet, except maybe today's V-shape reversal action.
1) Price is still under the 200-, 100-, and 50-period SMAs, which are in bearish alignment.
2) The 4H RSI has tagged 30, but held below 60, suggesting that bearish momentum is maintained in this time-frame.

We probably need to see price break above 600, and the RSI push above 60 to gain bullish confidence. Also if price can start holding above 570 while the RSI starts to hold above 40, we would also see bears losing control.

(BTCUSD 4H Chart, 7/31)