BTC continues to bounce inside these channel lines. Long term channel sup/res crossing shorter term channel forming strong resistance in the $8650 zone. BTC continues to suffer from lack of volume, another drop is likely. 50D moving average (green line, bottom of channel) in conjunction with the channel support may continue to hold around $8300, but a rising wedge seems to be forming indicating buy support will break with no volume.
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From @definemurder