Bearish stagnation in the cryptocurrency market continues.

The previous day scenario remains for today, the price is flattening-out along the $ 3700 level after the Monday fall.  

After the Monday fall, $ 3700 level still holds as support.

After spending the December 24th above $ 4000 bitcoin did not manage to hold the level and fell sharply below at the end of the day.

Bitcoin did not find enough support on the $ 4000 to continue the uptrend but still managed to hold on to the level, keeping itself above the last peak of $ 3900.

The growth tendency continues, and today bulls brought the price to the December opening point at $ 4000.

After a prolonged downtrend period BTCUSD at last showing some growth. From Monday the price gained about 17%, rising from the $ 3150 to $ 3700.

Monday was marked by a growth, the price was picked up from the $ 3250 low and brought upwards, peaking above $ 3500 mark.

On Saturday price made a new low at $ 3130, Sunday went above the new low, but failed to step over the previous low $ 3250.

The well-established scenario continues, and after some time in a horizontal mode,the sale-off pushed through the $ 3300 mark.