These games they play. Just to keep BTC in check the big boys just knocked this down back into the channel. Would not be supprised if they took it all the way to the bottom of that channel. That took what about 500 BTC for that move. I imagine they will keep pressure till day candle open....in 1 hour. What games, this will break 12K come Friday, I don't really care what they do right now.
I don't think so, if you look at the bigger picture right now we are bouncing on the 1hr EMA and what used to be the top of the downtrend. BTC was overbought and a RSI divergence was showing up. But we'll see. Take timezones into consideration also, asia feed on europe, and vice-versa sometimes ;)