Bitcoin Battles Resistance: Bulls Regroup as Key Support Holds Amid Market Turmoil
Bitcoin's latest rally slammed into a wall of resistance—now traders are eyeing make-or-break support levels as volatility shakes weak hands.
Rejection at the gates: BTC's failure to punch through resistance confirms what chartists feared—this rally needs fresh fuel. Every rejection burns more leverage, but the real pain comes if support cracks.
Volatility is the only certainty: When Bitcoin zigzags like this, even hedge funds start checking their blood pressure meds. Meanwhile, retail traders are discovering why 'HODL' was invented.
The cynical take: Wall Street still can't decide whether crypto is a hedge against inflation or a leverage-packed casino—so they're treating it as both while charging 2% management fees.