Bitcoin has broken down through the floor of the falling trend channel in the short term, which signals an even stronger falling rate. The negative development, however, may give rise to short term corrections up from today's level. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the currency has resistance at 107500 points. Negative volume balance shows that volume is higher on days with falling prices than days with rising prices. Thi...