Crypto enthusiasts may want to pay attention to technicals at this junction. Bitcoin is flirting with its long-term trend support. The largest cryptocurrency broke below the bullish trend channel, which carried it higher during the past decade.

Technically oriented traders could sell into the falling market once they judge the trend break as confirmed. Hence, price action into Friday’s weekly closing could get interesting.

The next supports are at 13.900 and thereafter way down at 3.100. Overhead resistances are currently at 25.600 and 28.500.