Bitcoin market prices have witnessed a lot of resistance and several attempts to make a head up the price of $25k after several weeks of a downtrend, there have been a lot of speculations surrounding the present market situation. But with the right thought and analysis, I am sure if Bitcoin could break the present resistance price moving upward would be that hard anymore.
We can clearly see that Bitcoins are really struggling.
And all the credits goes to the big whales, who are willingly and repeatedly buying and selling the coins.
For this reason Bitcoins are struggling in this price segment. The whales cared only for their profits and hence Bitcoins are suffering.
Nevertheless it won’t last long as when BTC break the resistance and comes out of 28k usd range, then no one can stop it. Let’s hope for the best and wait for positive results.