[BTC/USD] Bitcoin 24h-outlook

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Yesterday's spike up didn't really continue, price struggling around 7500 level. On the lower timeframe you see price clearly rejecting and momentum slowing down:

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Also, on the higher timeframe there is a support channel line matching up.

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I'll keep the chart updated
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Another confirmation price is not pushing higher for now
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Dropping now, close to it's destination
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Completed the setup
Bitcoin (Cryptocurrency)bitcoinanalysisbitcoinforecastbitcoinsetupbtclongbtcshortBTCUSDMultiple Time Frame AnalysisTrend Analysis

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