🚨 Market Update - 👀
After the volatility of the higher than expected CPI numbers yesterday, Bitcoin has bounced back strong. We now have acceptance above the DM VAH at $70,250. Once again we are seeing resistance at the Weekly Open ($71.4k) with multiple 4 hour rejections from this level.
This has yet to be reclaimed since it was lost on Tuesday. If we get a clean break above this level, then we are looking towards the Monday High again at $72.8k. And breakdown of the DM VAH, we want to see the 2021 ATH ($69.1k) hold as support again.