Several weeks ago Bitcoin showed that there was a resistance level at 92k to 94k. It crashed hard down to ~80k and then recovered somewhat now to about 90k to 91k. Why is there no buying pressure to even try to retest $94,000?
It’s literally been flat-lined for 2 days. If bulls can’t do anything right here, it’s going to easily fall to $70,000 this week if not lower.
I get the notion that there’s the crypto winter and there’s a bull market season. But least you would think the bulls would try and not just give up during crypto winter.
submitted by /u/f00dl3 [link] [comments]r/CryptoCurrencyRead More
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