Good Support on BTC , but...........

I don't know if technical analysis can be applied on BTC ( as it is a different beast), but if yes, based on simple support resistance lines ( in blue) , looks like it may bounce back. But right now , price movement is heavily influenced by fundamentals ( news, BTC exchange issues, arrests of major players in the field, etc ). So again, don't know if T.A can be properly applied here

cheers

Algo