Bitcoin on the daily continued...

As Bitcoin rejects off the key area it's following the prediction path line accurately so far over 2 weeks after the initial idea was published.

The 4H 200EMA has provided support once again and on the 1D 30EMA support has held. Due to this BTC still has a good chance of progressing in the bullish trend if this structure holds.

However, the overall trend switches from bullish to bearish after price falls below the 1D 200EMA & the red dotted trendline.

Personally I think the chop will continue going into the weekend without any crazy news effecting the market.