Bitcoin rejects off $4,000 zone of resistance

Bitcoin has been inching up the ladder, higher into the $3,900 range over the past several days. As bitcoin recently took a crack at the $4,000 range, it saw rejection from a level of previous difficulty. It will be interesting to see how price reacts going forward. Let’s go to the charts for more information.
1-Week chart
Image Courtesy: Tradingview.com
Bitcoin’s weekly chart does not appear much different from last week. Although, the downward crossover of the 50 and 100-week movin