Bitcoin Trades on a Tightrope as Structure Weakens

Bitcoin is no longer trending, it’s compressing inside a narrowing, downward-tilted structure, and the market is approaching a decision point. After the failed push toward the upper resistance zone earlier this week, price was firmly rejected and slid back into the middle of the range. That rejection is the key event source: https://www.ethnews.com/bitcoin-trades-on-a-tightrope-as-structure-weakens/