Bitcoin in a Stalemate, Retests $10,200 Resistance


Yesterday, the bulls failed to push the price above the minor resistance of $10,200. The resulting effect on Bitcoin was another downward move. Just 48 hours ago, BTC survived an earlier downward move where it failed to break above $10,400 overhead resistance. The bears succeeded in breaching the support levels of $10,200 and $9,800 but were stopped at $9,600.