I think the reason why we are having trouble breaking the 9 thousand dollar resistance is that the price also went up a lot and now requires a lot more to break it.
Even if the orders are less the amount is higher so it costs more. So, assume there are 100 orders selling at 4200 all for 1 bitcoin, that is 42 thousand dollars, well think now there are 700 orders which is less than 1000 orders but this time they are selling at 9 thousand dollars all for 1 bitcoin, that would be 63 thousand dollars, so you see even if there are less people and less orders it could still be a lot more amount which is why I think we are having trouble now.
We need to not only keep buying bitcoin but we need to make sure sellers withdraw their orders as well, if there are less people selling at that point it will be easier to break it.
Not necessarily, it seems that the recent crash was more manipulation, a redditor found out someone moved a really huge amount of bitcoins (25k) right before the pullback, that's a huge amount and definitely enough to crash the market if wanted, his analysis went further and he noticed that huge amounts of USDT were being withdrown afterwards. Anyhow, bulls are still there, the uptrend is still strong, weekly chart shows a possible bull flag.
