In addition, the moving averages are close to the rising trend line support connecting the latest lows of bitcoin price action. (dailybitcoinnews.com)
In the case of the illustrations above, that demand is drying up more quickly with each subsequent rally from trend line support. (dailypriceaction.com)
The highlighted trend line support at $ 4280 - 4260 could play a major role for the next move in the near term. (dailybitcoinnews.com)