The BTC price was not moving much last few days. The market was less volatile. The price got close to the previous structure high at 8400 and then, we saw a strong breakout ( bullish bar). The resistance level now acts as a support. It means, the buyers are controlling the price now and this momentum is expected to be continued. The more new buyers will step in and the previous sellers will liquidate their positions, which will create the additional buying power.
