Bitcoin’s Firm Rejection Confirms Dire Possibility; Move To $4,000 May Be Imminent

Bitcoin has once again found itself caught within a bout of sideways trading within the upper-$6,000 region, which comes close on the heels of its recent upwards movement that led it to highs of $6,900 yesterday.
It is important to note that in the time following this rally, BTC has made multiple attempts to break above the resistance that exists at this level, with each one resulting in firm rejections.
This has led multiple analysts to note that a significant breakdown could be imminent, poten