Bitcoin Retrace At Support - Will Price Hold?

The Bitcoin retrace after the breakout from the triangle is now at support:

Although a bounce from around here is very likely, there is still room for lower prices.

However, should it go lower, It is important that the bottom of the triangle holds. A turnaround from these levels could see Bitcoin rising sharply.

This is not financial advice, do your own due diligence. I am not responsible for your trading decisions.