Bitcoin's failures to hold above $10,000 on a 2hr line chart
To date, since Bitcoin's all time high price, on a 2 hour line chart, price has failed to hold above $10,000 forty-six times. On five of these failures, price dropped by another 20% or more below $10,000. On two of these failures, price dropped by another 40% or more below $10,000. And on one of these failures, price dropped by more than another 60% below $10,000.
Charts based on a shorter time frames and/or of a type other than that of a line chart which uses only closes, would likely show additional failures of Bitcoin to hold price above $10,000.
Charts based on a shorter time frames and/or of a type other than that of a line chart which uses only closes, would likely show additional failures of Bitcoin to hold price above $10,000.
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