For the third time since Christmas BTC has bounced off the $6000 line almost as if it is being supported here. This time it dipped below $6000 for around an hour and many stop losses would have been triggered but not enough it would seem to prevent the resistance from pushing it back up.
We are siting just above $6100 in this moment and it will be very interesting over the next few weeks to see if the resistance line continues to hold.
I am still relatively new to this game but it would seem to me that whenever the $6000 line is reached, new investors jump in.
As someone who doesn't have a bank account and is currently holding ONLY crypto I am always going to take the optimistic stance on our current situation, but reading through the many opinions on Tradingviewit feels as if the optimists are in the minority.
Minority or not, let's hope we keep bouncing off this line every time it is tested... and the only way is up from here!
