Market Update -
Yesterday saw Bitcoin test the $93.5k - $92.8k zone as I was expecting. Eventually there was a reasonable reaction from this level, with a 2.5% bounce, however BTC has started to look heavy again. The last 4 hour candle closed below $93.5k (Monthly Open) and right now is facing resistance trying to reclaim.
Acceptance back above $93.5k and we could see a push towards $97.8k (Monday Low) towards the end of the week. If it fails to reclaim then we could see a test closer to $90k.
