Bitcoin is predicted to retest its old support level (now resistance), which will be the 'ultimate test' and 'biggest washout' for the market, involving a test, rejection, and subsequent retest to determine if sellers are exhausted.
"I would venture to guess because we have not retested this old support this old support which has now become resistance I would suspect having been in markets for for many many years this will be the ultimate test and really the biggest wash out of are the sellers exhausted a test a rejection a retest again that will be the key"