Several traders pointed to $9,400, where momentum might turn into a market. “The price of bitcoin again returned to the range of $9,000-$9,200 after the asset again failed to pass a key level at $9,392,” said Constatin Kogan, a partner at cryptocurrency fund BitBull Capital. Indeed, bitcoin has struggled to break out of $9,000-$9,200 territory.
Market updates everyday: https://www.coindesk.com/author/daniel-cawrey
Here's a link to my bear outlook. Let me know your thoughts. Thanks in advance.