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.
I was waiting for some self-proclaimed trading "expert" to give his predictions about the price just by looking at the charts.Is this going to be "dead cat bounce","head and shoulders" or some new weird chart name?
Anyway,I think that such Coindesk posts are made just to get some traffic to the article itself,coming from some newbie traders,who want easy predictions.Traffic+Ad revenue,that`s all.I can`t find any real value in this chart analysis.