BTC Where's it heading???

From my previous Tweets you would note i've being following the BTCUSD. At present the pair is trading in a channel between the $5,920 and $11,750 areas. There were two key areas in which BTC flirted with price indicated by the highlighted yellow and blue areas. Don't be surprised if price tests the channel support area $5,920 and bounce back up to retest the channel highs or even break above the range.

The pink area is the place to watch this week for BTC.