Bitcoin Sits on a Critical Neckline as Old Resistance Turns Into Support

Bitcoin is currently trading directly on a major neckline level, according to a chart shared by Merlijn The Trader. This zone has historical importance, as previous market tops have often transitioned into long-term support once price revisited them. For now, that structure remains intact source: https://www.ethnews.com/bitcoin-sits-on-a-critical-neckline-as-old-resistance-turns-into-support/