BTC Price Watch Reveals Strong Resistance at $4,000, Analyst Reminds Everyone to Hold Their Horses

As many of our readers are probably well aware of, the past few days have seen Bitcoin [BTC] make a strong rally— with the premier digital currency now hovering around the $3,900 mark. However, despite all of this recent bullish momentum, BTC has not been able to move past its closest resistance level of USD $4,000. In the wake of all these developments, many experts now believe that the price of Bitcoin is destined to stoop a little lower before finally crossing the $4,000 threshold. Regardless Of Ongoing Surge, Market Conditions At Large Remain Bearish for Bitcoin On the subject of Bitcoin's recent market ascent, eToro's Mati Greenspan, recently spoke with a reputable media outlet wherein he claimed that while BTC's ongoing financial push was a good sign for the currency, the crypto market at large was still in the grips of heavy bearish conditions. Elaborating further on his stance, Greenspan was quoted as saying: "For those who are in from the bottom it's great because some of the