BTC challenges resistance, recovery (in)complete —Bears vs BullsBitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaThe first time Bitcoin moved below $80,000 after the October 2025 all-time high was in late January, on the 31st. Early February saw the crash from $79,400 to a low of $60,000 in a matter of days. The entire early-Feb crash has been recovered—100%. 2-May 2026, yesterday, Bitcoin produced the highest close since 2-February, three months ago. A price of $78,686. This is the highest close in three months while the action continues to happen around resistance. The current resistance zone, which briefly worked as support in early February, was first activated on the 17th of April. This resistance zone, $76,900 - $79,500, has been challenged twelve times so far. This challenge of resistance can be interpreted in different ways, bears vs bulls. The bulls will see the market as being bullish the more often resistance gets challenged. A bull would say that resistance becomes weaker with each challenge, pointing out the lack of a strong rejection and a very small retrace recently favors the upside. The bears will see a great opportunity to short. They will argue saying that a lack of follow through by buyers support opening a short position. Sell at resistance, buy at support. Needless to say, the market is trading at resistance. A bear will also point out the lack of volume on this chart as a bearish signal and also the war between USA and Iran. This has nothing to do with Bitcoin but a bear would say it is a bearish signal nonetheless. A bear would ignore the daily and weekly MACD, RSI and STOCH or would read these indicators as being bearish even as they are all pointing up. A bull would look from afar while buying as much as possible, knowing that anything is possible but when it comes to Bitcoin; when in doubt, go long. Which one is it, is Bitcoin going down or up? The market sentiment is mixed, the population is confused but the chart is saying up. Bitcoin has been growing non-stop since 29-March. Resistance continues to be challenged over and over, there was never a single challenge of support after the correction low. There is a clear bullish bias, go with the trend. The market has been rising now for almost three months. Namaste.