Bitcoin (BTC) Establishes Fresh Support and Resistance Levels Following Weekend Volatility

Bitcoin has started Monday off trading up slightly after experiencing increased levels of volatility over this past weekend. BTC has so far respected $3,800 as a level of support, but also faces strong resistance around $4,200, which is the price point at which the cryptocurrency’s price dropped after touching.
Although this recent volatility was unexpected, analysts seem to agree that it is part of a natural price cycle, and not overwhelmingly bearish, as BTC has still incurred decent gai