The price of bitcoin broke both the long-term uptrend and the short-term down trend...both the the downside.
Now that is impressive!
Price has since seen a rally, whether it's just a recovery bounce or a bottom for now remains to be seen...
Looking at the daily chart you can see what I mentioned at the beginning of this post.
Good news is we are back above that 92k area support. Not much else I can say from a technically aspect outside of a higher low being put in thanks to yesterday and today's rally.
Posted Using INLEO