Bitcoin has broken through key support at $6600. There is no further support on the one day until $5850 where it has not been since 11/13/18. The RSI and MACD are trying to bounce off the bottom.

The 4 hour chart is showing some support at $6300. As we are writing this blog Bitcoin has just jumped up over $100 on light volume. This is an interesting development and we will have to see where this goes. When we started to write this blog all of the cryptos we track were red and now 2/3 of them are green.

We will keep you posted.

4 hour

1 day

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(We are not professional traders this is just our opinion. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.)