๐จ Market Update - ๐
Bitcoin is now in a 4 hour downtrend with the confirmation of lower highs. For now the best trade is patience whilst we wait for the downtrend to break with a 4 hour close above the orange line.ย
Alternatively, look for a breakdown of $63.5k 4 hour support- this level has been tested and held on the last 5 candles. If this level is lost, we could see a fast move into the $62k area where we have the DM VAH and EMA200.