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Bitcoin holds $46K support after failed breakout

From cointelegraph.com

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to Friday's levels. As Cointelegraph reported, the area of seller pressure from $47,000 and upwards had been a formidable feature on the daily chart throughout the week, with Bitcoin taking several days to prepare its attack. In the event, the wall was only partially broken before momentum ran out and BTC/USD returning to more familiar territory. At the time of writing, BTC price action focused around $46,500, a classic "Bart Simpson" structure characterizing the past 24 ... (full story)

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