n nn nn Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuationFigure 1 BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support. If we close below this current level, that will mark a new lower low for the first time in about a week and a half. Although that is bearish, the real strong sup

Source and More information: Bitcoin Price Analysis Short-Term Support Breaks on High Volume and Spread

Author: CryptScout.com