#BTC Bitcoin is soon going to test whether ~$78500 will act as a new resistance after being lost as support recently Over the previous two times that Bitcoin 3-Day Closed below ~$78500 (May and September), the bearish retests were both initially successful In May, Bitcoin dropped to new lows for the Bear Cycle whereas in September Bitcoin experienced two 3-Day bearish retests to new Lower Lows before a bullish trend reversal occurred If the 3-Day bearish retest is successful once again on this occasion, that could see price go below the recent local lows of ~$76000 BTC #Bitcoin