Bitcoin currently making lower highs

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We saw huge support from the 2900 area and it has flown back up but managed to stay below 4000, it has been rejected off a trend line and could be set for further downside movement, if we get a Break of the Trend Line then we would be expecting Higher highs to be formed

Bitcoin has been plagued by the Chinese and Swiss recently with their Bitcoin exchange shut downs, more countries could start to follow suit
The CEO of JP morgan announced it was a Fraud and then JP morgan bought 19000 Bitcoin 4 days later - (suspect)
btc is heading back to 5000
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