Bitcoin Struggles As Bulls Hold The Line – How Long Before Bears Retest $14,000?

BTC’s price holds above $16,000 price struggles to break above $17,000, creating more worry for many traders  Price remains weak as bears battle bulls, as the price fails to break above $17,500 with so much uncertainty in the market  Rejection from a low of $17,000 on the high timeframe noted, as price trades above $16,000 below the 50 Exponential Moving Average (EMA) The price movement demonstrated by Bitcoin (BTC) recently hasn’t given traders and investors much chance to trade with liberty as prices continue in a dead cat bounce with more expectations heading toward a downside. In the high timeframe, the price of Bitcoin (BTC) looks heavy toward a downtrend movement compared to an upside.