Bitcoin at the bottom of it's trading range, may be ready to break it finally

After not being able to go up or down for months, bitcoin may finally be about to pick a direction.

At least in the short term.

It's hung out for a while now at the lower end of its trading range and it's testing it yet again now:

(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)

If the stock market is weak tomorrow morning, it may be enough for bitcoin to break through it's lower support levels here.

If that does happen, my first major support level is around $8k.

Then from there there is a ton of support in the $7k range.

I don't think we will go much below there, and if we do get there I will be backing up the truck.

Stay informed my friends.

-Doc