What's holding bitcoin down at 9.1k? The answer...

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Is obviously the daily 200 EMA , it is a re-known support and resistance . The 200 Daily EMA is a good indicator of whether we are bullish or bearish . Now that we've been hovering below it for 3 days it really shows how strong of a resistance to hold us down for three straight days. This is the time where we either break for a run to 11.6k or we fail to break and make a retest of uptrend line we bounced off. Tight stoplosses on current trades should be held.
Agreed, strong resistance.
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