Bitcoin "line in the sand" Resistance WATCH HERE!

BTCUSD has recovered from the recent down move and is NOW sitting at Resistance. The level is the 50% Retracement of the move. So far in the short term price is responding to and respecting this level.

Breaking the level up would be a bullish sign for a retest of the near term high and a possibility of continuing to the ATH test. Failing to break higher and holding here to go down is bearish. WATCH THIS LEVEL!

Comment:

Looks as if the breakout of Resistance is confirmed for price to retest the high