BTC has been having a rough time with the China news. However it is still holding above $4,000 which I personally find it being an important bullish support level. I would watch carefully for breaking out of the down trend as well as the two stacked resistances for a confirmation reversal. Breaking the $4,000 I see it coming down to $3,500 as next hard support.
Comment
⋅
Broke first down trend, next one is at $4,600
Comment
⋅
Couldn't get passed the double resistance, new support formed at 4150