BTC - The bulls have once again FAILED to hold the break out!

As you can see on the chart the bulls have once again failed to break out and hold their ground. The two pink lines indicate an area of support/resistance that the bulls tried to break above, failed, and are now looking at it from underneath. The next stop is $7900 and below...... (in my opinion of course)

Kommentera:

This is NOT another "Running of the Bulls" but instead I think it is just a "Running of the STOPS!" This volatility is crazy.

Kommentera:

The bulls are STILL failing to regain control.....