- Bitcoin bullish and bear pressure cancel out as the price stays under $5,000.
- For a guaranteed movement to the upside, Bitcoin buyers must pull back above $5,000.
Since the retracement from the weekly highs around $5,343, BTC/USD has been unable to make significant movement above $5,000. Support was established at $4,800 before the price continued reversed the trend above the week-long rising trendline.