Bitcoin Testing Resistance
Updated
Last week it got rejected from the resistance line, but it's testing it again and seems to be holding steady. If it breaks out from the resistance line and holds, we should have takeoff.
Comment
Breakthrough didn't have enough momentum to combat the sell-off and ended up closing in the red, got rejected because of too much resistance and selling pressure, but it still has decent support above 10.4k so it's stable, if it holds, we should see it testing resistance for the second time today and breaking through and closing above it and in the green, then we should officially have takeoff. Otherwise, down to 10k and then we wait for the next rally, I've overall bullish, though. Exciting times.
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