Bitcoin Struggles to Remain Above $10,800 after a Disappointing Rejection at $11,000 High
The price has broken the resistance twice to reach a high of $11,041 and $11,174 but the bullish momentum dries up at higher price levels. The significance of breaking the $11,000 resistance is for BTC to resume upside momentum.
The king coin may have price acceleration to retest or break the $12,000 overhead resistance. Today, price has retested the $11,000 resistance to resume the downtrend.