‼️ WEEKEND $BTC Market Outlook Saturday, 31 May 2024
♦️ BTC rebounded again from Daily Demand on Daily TF at level 66,700, indicating this area is quite strong.
♦️ Then in the 1HR timeframe you can see that BTC is still continuing its increase in the Asia Session after retesting the Daily Demand.
♦️ Currently BTC is at the pivot level of 67,650-67,700, there is high potential to continue the increase towards the next key level at 68,550 seeing a fairly strong rebound in Daily Demand. However, if it rebounds from the pivot level, then there is the potential to reach level 66,700 again.
