Bitcoin did not close above resistance ($44,528) and instead closed below and retested it. $BTC looks primed for a short opportunity down to $41,800 and then down to ~$39,000. It may revisit range lows at 34k to start forming a bottom. I am looking to enter longs around range lows.
Comment:
Testes resistance again and failed to breakthrough. We may get a third attempt before we break down to 34k.
Comment:
Getting our third attempt here. Reduced volume indicates we will likely fail to breakthrough.