Bitcoin Retraces after Failed Attempt at $10,400 Overhead Resistance
Regrettably, Bitcoin has lost more ground after failing to break the resistance at $10,400. The bulls are battling to defend the $9,800 as the support cracks. On February 11, the bulls defended the $9,800 support and price rebounded to reach the overhead resistance. At the moment, the price has failed to rebound at the low of $9,800; rather the price seems to fluctuate and may resume selling.