Bitcoin pulled back 18% and manages to close above the on all days of downward momentum.
Bitcoin has established of 17220, previous significant for the past breakout from last week
Bitcoin consolidated for the past day into a triangle which is now broken to the upside
Bitcoin now showing signs of recovering and testing the channel it has been trading in for the past month
Possible resistance at 18100 level when trying to re-enter the channel but possible drop should not fall bellow 17300ish level