Please excuse the messy chart but i'll try to explain:
On log chart the blue resistance line rejects btc movement, we can draw a new potential resistance line which is the black line, btc needs to break both these in order to jump past $40k
On log chart the blue resistance line rejects btc movement, we can draw a new potential resistance line which is the black line, btc needs to break both these in order to jump past $40k