Bitcoin has taken the decision to continue in the upside after its reservations not to break the 7200 level. Above it will play the support role again as you can see in the picture has been bounced from the main trend at 10400 and now the sub-trend is tested at 9100 level of moving average 55 and 200
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Bitcoin has taken the decision to continue in the upside after its reservations not to break the level of 7200 because this level is the separation between the positive and negative what concerns us now is the 9100 component already breached but must be closed above in order to confirm this level was considered very strong support and now after returning to Above it will play the support role again as you can see in the picture has been bounced from the main trend at 10400 and now the sub-trend is tested at 9100 level of the average 55 and 200