Matrixport said the price had rallied above the range despite multiple headwinds and could break through yesterday's failed attempt to break through the trendline amid concerns that the US government would move bitcoin, which was said to have simply been moved to a new escrow account. In addition, there may also be profit-taking ahead of this week's FOMC meeting. Whatever the reason, this setback appears to be temporary, and a new round of breakouts may be coming.