Currently engaged in a battle for highs and lows, bulls and bears are fighting it out right now in an epic tug-o-war game. 

![Screen Shot 2017-09-28 at 10.21.20 AM.png](https://steemitimages.com/DQmV2cgnjFdEoGXrtd146o5fyekAdpXu7im4FNanPMAr4Fo/Screen%20Shot%202017-09-28%20at%2010.21.20%20AM.png)

Bitcoin temporarily broke the 61.8% retracement level of $4,215 from its high of $4,980 to the low of $2,976. Failing to hold and make a close above this level, Papa BTC noticed bears step in and fight to push prices lower as they battle with bulls. Who will give up first? 

Likely indications point to the bears to give up first as levels hold and trend indicators favor bullish movement. The real test though will be if bulls can break and hold the 61.8% level at $4,215. If they can maintain this level, we'll see a push up to the $4,375 and $4,450 levels which are critical to making a new ATH. 

Because of the $600 pullback from the last high of the daily cycle, It is easily possible we could see a test of supports as low as $3,750. 

Spinning top doji's favored the bulls on the last two rounds, so odds are favoring bullish movement. Current resistance sits at $4,375 and $4,450. 

Bearish volume has been increasing which has been alternating days with increasing bullish volume. At this point, it's really anyone's game who will take over and decide price direction. 

Thanks for reading, please vote, resteem and follow! Happy trading :)