As you can see the key support line and the 38,20% fibonacci are agreeing that it's not an area just to break through, unless some crazy bad news. I think the price is just on the way to retest the area before it will continue the uptrend and break through the supply zone. For those new to Bitcoin, the coin uses peer-to-peer technology to function without central authority or banks; Managing transactions and the issuance of bitcoins are carried out collectively by the network. Bitcoin is open source; Its design is public, no owner or controls this cryptocurrency and anyone can participate. The Bitcoin price grew significantly within a short period of time, making the BTC / USD couple quite popular among active merchants and investors. Through many of its unique features, Bitcoin allows exciting applications that could not be covered by an earlier payment system.