🚨 Market Update - 👀

Bitcoin finally broke above the $58.5k resistance, accepting above the DM VAH and 4hr EMA200. Right now the support is $59.8k (Prev Week High.) If we start to see consolidation here then we could break out above $62k next week. But the obvious downside move would be a retest of the $58.5k level which was resistance for 2 days.

On the higher timeframe, it looks like BTC may have just made its first higher low since the downtrend from the ATH- this is a good sign for the medium term at least.

#BTC #BITCOIN #CryptoDawar #BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR $BTC