BTC has been trading relatively bullish over the last few days. However, it seems that BTC is encountering heavy resistance at the intersection of the blue and purple resistance lines.
I've been bearish in my last few analyses, and I will stay like that in the short-term, unless we manage to close the day above the blue resistance.
For now, bears are still winning, but for how long?
Share your short-term views on the market in the comments 🙏