Bitcoin respected its last strong resistance of 29,000$ now its recovered back to 31,000$ and it looks like its not done yet, pro traders out there where do you think this is heading? Is the free fall over or this level won't hold for long either?.
previously we haven't touched 29k in recent months, I'm sure if the 30k support is broken they will fall even deeper. But if we see bitcoin going up to 31k it's like a bait to be ready for a free fall down, there is currently no confirmation that resistance will break that fast, we have to wait until bitcoin is at a thick support point.