The fact that it went right through the traced line at 0.764 get me a little worried.

I may have to go back and understand what happened that day, anything on the news that may have drove a panic sell.

I wouldn't worry to much though, BTC has broken the lines before just to go right back to it like a magnet.

I would BUY right here if not done so already.

I'll place an order on my CoinBase today.

BTC may go back to touch the blue trend line in the next days but the trend remains intact and is very powerful. So I expect to trend up with it and to go back to $340 and head a little higher.

I can now safely say that overtime BTC price touches my blue trend line, you should BUY. And Sell above the $340 price if you think the rally is fading.

Also, I believe that first thing January or half way through the month we will see a clear indication of where Bitcoin will head for the rest of the year.