Bitcoin Lost $9,300, Bearish Re-test In Play?

[Smitty Werben Man Jensen]

$9,300 has been a critical level on the chart going all the way back to June 2019 and Bitcoin just lost it and put in a bearish re-test. Unless it is regained quickly I'm expecting the range lows to come into play.

Full analysis of Bitcoin price action here: https://www.cryptoadvocate.net/post/btc-eth-technical-analysis-28-06-20

Unfortunately Bitcoin is currently unable to break resistance, if this bearish sentiment continues, $ 8500 will become a true

[bitgolden]

It is really getting interesting nowadays, I have seen bitcoin be stable like this before but it is going on a record time.
Have any of you seen bitcoin this stable before? It hasn't moved outside of $9k to $9.5k for over a month now, over a month is a huge period in bitcoins world.

I feel like what is going to happen next is still unknown, we never had something like this before so we can't guess what will happen afterwards neither, who could ever know something that has never happened before?

In any case I still hold my money in both bitcoin and USDT, I don't know which direction it will go but I do not have the courage to be fully in bitcoin because that sounds risky right now and have some USDT just in case it falls and I can buy some more cheaply.

However I have some bitcoin as well because I do not want to be totally out as well, I want to be a bit in too just in case it goes up.

[pixie85]

The way I see it, there's almost no trading going on apart from bots and some miners selling what they mined. The same amounts that are bought are sold some time later and the price returns to the previous level. How many of these patterns did we have in the last 2 weeks? 5? 6?

I saw an analysis where they came to a conclusion that bitcoin is not going up because there's no new investors but declining in a slow pace because of new coins coming to the market from miners.

[judaspriest]

look at the $ 9300 that failed to break, I feel worried about this,
I'm still monitoring the current price of Bitcoin, because I have also stopped losing at $ 8900