From our previous idea, we can see that Bitcoin played out perfectly :)

BTC bounced off of our upwards channel and continued to the 200 EMA (as we previously predicted). Now I'm watching to see if it can break above that 200 EMA (17,300 level). If not, then I'm looking to retest the bottom of the channel again (16,800).

If Bitcoin does break the 200 EMA then I'm looking for it to touch the 17, 640 level (major resistance).

If you enjoyed my TA, please leave a comment or send me a PM :)