Bitcoin breakdown.

Looks like we broke the uptrend channel and there is a ways to go before any real uptrend support.

Comment:

Strong bounce from the bottom of the downtrend channel through resistance but still inside the downtrend until it breaks out of the top of the channel.

Too early to declare a reversal of the trend.

Trade closed: stop reached:

Clearly reversed out of the downtrend line. Huge head fake.