🚨 Market Update - 👀
As mentioned in the update yesterday, the first sign of a reversal on Bitcoin would be a 4 hour close above the red zone ($61.8k.) We can see how after this happened, the perfect retest confirmed the next move up. BTC has now reclaimed $62.6k (Monday Low,) and has so far held as support on the last three 4 hour candles. All the time this is holding, we look for a push towards $64k (Weekly Open.) If we start to accept back under $62.6k, then we really want to see $61.8k hold again or we could see new weekly lows.
