Bitcoin to new highs or new support
Updated
Lines are clear. First it bounced on sma 50, now sma 100. For the trend to be broken it must go beyond the 15000. dollar value it can escape the descening chanel, if not we will see a downtrend to sma 150, and that is around 8600 dollars.
Note
After making a bounce it is still struggling to move past the 12000~13000 USD level with low volume coming in. There is still a chance going back down to the 8000~9000 USD level again, establish a strong support and recover from there by making a double bottom.
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