there isn't any kind of meaningful resistance at $6800 and just because price is hovering there right now it doesn't mean it is a resistance! the real ones are around $8k price and anything until that point is just day traders playing around with each other in the market trying to make short term profit.
Exactly. Most of the times this so called resistance doesn't tend to go where it supposed to be. Most of the time after we see the price hits some levels, it just stall, then it goes on a sideways trading. Last year alone, its hard to see where the resistance is at its making signficant growth. $10,000, $15,000 or even $19,000 seems to be the resistance but its broken time after time.
as for the "crypto market" i wouldn't start getting excited about altcoins yet because this is yet again another bitcoin price stability phase which has always translated to day traders paying more attention to altcoin pumps than before because there is not much of a profit to make in bitcoin when price is right where it was yesterday!
Altcoins have struggled already. I don't think speculators are playing on that field anymore. What's left is those ICO investors who still believes that they can make money out of it. But the smart one has already gone and shift their focus on bitcoin market as this is where the most of them can take advantage of its volatility specially day traders and scalpers.
