Only time will tell.. Maybe by next week then we will know whether the yearly open price become support or stay as a resistance. The entire crypto market have reversed nicely on mid of march 2022. During this run, there are coins break the previous all time high such as LUNA, Waves, City, Loka and etc.
BTCUSD Daily Chart
The momentum on the BTC is still looking strong with a thick green money flow with the yellow flow close to the zero line. The pink horizontal line that I drew view as the next resistance ($52,170.00), the green horizontal line view as support on the BTC daily time frame. In my humble opinion, usually during the weekend BTC price movement is ranging and altcoins price can move a lot.
What your support & resistance on BTC daily chart?