Bitcoin is has been rejected perfectly from the intial target of 55-56k. It is to be expected that bitcoin will form a higher low, before making it's continued move to the upside.
Please view my previous post for your information.
Today, abn inverse head & shoulders formings, as well as support being found outside of the downwards facing wedge BTC previously found itself in.
Should we break the neckline, I will be averaging in a larger position down to 50k.