Bitcoin has been battling to stay above recent lows. The task has not been easy thus far. The second attempt on the first resistance line is being testing once more. Ideally price needs to close above this in the next day or so for bulls to have a chance at testing 10k and possibly break trend. I believe if we do not close above this line by then though, we will likely retest the support below around 6k - 7k. Furthermore, below 6k will reignites the bears momentum and could have us much lower.
Happy trading and be patient!
I only have a long on the 4hr. Mostly neutral though.