Bitcoin saw rejection at a key area of whale resistance into Oct. 7 as its strict trading range continued.
Charts point to impending breakout
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staging two attempts to crack $20,400, both meeting rejection.
The pair had crisscrossed the $20,000 mark during the week, with neither the bulls nor the bears able to effect significant trend disruption.