The current price of Bitcoin is $3800 with 24 hour volume leveling around 12.6 billion USD. Bitcoin has maintained the $3450 level for quite a while
since the spring off yearly lows 2 days ago. Volume has increased significantly since yesterday as well so that is promising follow through by Bitcoin bulls
It seems as though a broadening wedge is forming right now on $BTC. This may mean that the $3400 level, if tested again, should act as support. If that level doesn’t hold then lows may be revisited. We expect to see a bounce off $3400 if it is tested but are not counting out a clean break of $3600 which would propel $BTC to the upper 3k’s.