Resistance might sound like a bad thing but it can be a good thing because when price gets the momentum and breaks this price barrier, resistance can easily turn from what it is into support which will help keep price up there without allowing it to drop.
And some reasons why price is facing resistance at 23k could be open sell orders which are been filled, but when all these are done there will be nothing to stop price from taking the leap and it's all systems go for the bull run.
Breaking up resistance is what we do really hope for it to happen as this would really be resulting on seeing new all time highs that we do have neither on bitcoin or other altcoins.
Speaking about 23k price resistance then we did really hover that point but due to fuds and events or simply with fundamentals around then then the market did really get even more worst.
We did really end up on on dumping way below goes on $15k+ which we could really say that it was a good point on buying back out some cheaper coins.
Hence there are still some words around that saying up that the market would might even go lower and this is the main reason on why buying confidence is highly been affected.
