Bitcoin trend reversal_ Light at the end of the tunnel_

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we see we have not broken the downtrend channel , we had a false breakout since the confirmation of the bearflag. We have a 1 day MACD possible cross *not confirmed yet(, if this happens we could see a new bkreaout, entering a new bull market with high ressitance levels at around 11,700.
If we brek current support we could continue to see a further correction to around 6k levels or even more.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out