BTC/USD
Major support/resistance levels are white, the minor ones are grey.
Bitcoin has been trading in the 12650-16000 range for a while now and while BTC is still trading in that range, the last few hours it broke the uptrend channel that it's been obeying for the past 3 weeks. The only logical way would be down but since this is Bitcoin I don't want to draw conclusions too fast. We should just wait and see how this unfolds; maybe it bounces back into the channel like it did so a few times before.
Bitcoin has been trading in the 12650-16000 range for a while now and while BTC is still trading in that range, the last few hours it broke the uptrend channel that it's been obeying for the past 3 weeks. The only logical way would be down but since this is Bitcoin I don't want to draw conclusions too fast. We should just wait and see how this unfolds; maybe it bounces back into the channel like it did so a few times before.
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