zac_destroys_all

BTCUSD likely retesting former breakout area

zac_destroys_all Updated   
BITSTAMP:BTCUSD   Bitcoin
It is very healthy for price action to breakout and then retest the former resistance as support. I am currently watching for bitcoin to at least test 46877 and flip it into support before resuming upwards again. If we break back into the former falling wedge look for 46000 as the next support level.
Comment:
BTC still looks bullish, on larger time frame it's simply retesting the break of the falling wedge
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