A couple of sessions ago, we noted that $10,000 would be a key resistance while $8000 would be a key support for Bitcoin (BTC/USD). $BTCUSD approached $10,000 but retreated before tagging it. This shows a loss in confidence and could signal further bearish outlook at least in the short-term.BTC/USD 4H Chart(click to enlarge)The 4H chart shows that price held under the cluster of moving averages. This was a bearish signal.The RSI also held under 60. The fact it came down below 30 and is holding under 60 suggests bearish momentum is still in play.The thing is, we can see that price is simply becoming more choppy. Speculators are becoming more tentative, which means at one point, price will likely uncoil.I think we should readjust key resistance.$10,000 will still be key in that if price can't push above it, the market will lose more confidence, and the next dip might be lower than $8800 and $8380. It might test $8000.However, even if price pushes above $10,000, Bitcoin is not out of the woods. The resistance goes up to around $10,400, which is an area of common supports and resistance.Here's the thing, if price retreats but then holds above $9000, the market can continue to gain confidence and at least push bitcoin to test the $11750 resistance area.From CoinPowR