Love how almost all of these always end on 'either A or B will likely happen next' and they always just happen to be the two options of either side. All this shows is there was some resistance around 8400 because it was hit a few days ago and then again earlier today. Any idiot with eyes can figure that out by looking at a graph.
Welp, that would really be the case. At the end of the day, it's just up or down in the crypto markets, even in the traditional stock markets and bond markets. Right now we've
certainly went past the $8500 resistance and are now approaching very closely to $9000, with the current price sitting @ $8850 at the time of this writing. If we managed to break $9000 sooner, I'll expect that we'd be targeting higher highs and retraces here and there. It could already mean a bull reversal is happening but again, it's always between A or B in the cryptomarkets.