๐จ Market Update - ๐
Big move from Bitcoin yesterday, finally giving clear acceptance above the $69.2k resistance. Now trading above $70.3k (Monday High) and $70.7k (Prev Week High) which becomes 2 key levels we want to see hold on a retest.
If we start to see support develop in this area, even some sideways movement, then we could see the ATH push come very soon. Looking at the BTC liquidity chart this morning, we can clearly see a very large number of sell bids between $71.9k and $73k. There is a good chance this liquidity acts as a magnet for the price.
Long positions are continuing to print, but looking for the next opportunity.