Bitcoin fall this morning holds technical support level

The drop back in Bitcoin a short while ago saw the lead cryptocurrency fall to as low as 15,305. It has since rebounded from that low, to back above 15,550 just now. The fact that 15,300 capped the downside run this morning is of course no coincidence, as that was a significant resistance level and target yesterday. Hence, it makes prefect sense for this price point to act as support now, after it was broken above yesterday. The current rebound is still inconclusive though and much will depend on how the other markets play out ahead of the weekend too. All the while 15,300 remains intact, then there is clearly further upside potential. At the same time, there is also potential for short term stops to be in place just underneath that level now should it be retested again later on. Bitcoin is just now trading at 15,590