Amazon was accepting it and then they weren't...

Without getting too much into the Amazon aspect of the recent bitcoin rally, I will say where's there's smoke there's usually fire.

So, while Amazon may not be accepting bitcoin in the immediate future that doesn't mean they won't be in the not too distant future.

That being said, we hit resistance and got rejected hard today:

(Source: https://twitter.com/TheCryptoLark/status/1419803231530618886/photo/1)

Ironic how the "news" always seems to come out at important technical levels as well.

Bitcoin goes over $40k finally, and then Amazon releases a statement downplaying their bitcoin involvement.

We likely are going to pullback next couple days now and consolidate before making another move at $40k.

If we can break $40k at some point, the bull market will be in full effect.

I'm hoping we make another run at it by the end of this week or early next.