BTCUSD on the edge of the rising channel

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As you can see, BTC has been trading in this upward channel since our big drop to 6k. We are now trading on the bottom edge of this channel. Breaking this would mean we would find our first support at 10.2k as shown in the dashed horizontal line. This is based on this area seeing a lot of support/resistance action over the last few weeks. The next line of support would be 9.7k.
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