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Market Update ‼️‼️
Bitcoin has still not tested those sell orders at $71.9k - $73k, and we have seen a slight increase in the number of orders in this zone too. We can expect resistance in this area as it would be an ATH push, so considering the amount of liquidity there we should be prepared for the scenario of a strong rejection when the bids are hit.
We continue to see $70.4k (Monday High acting) as strong support. If we get significant rejection, I am interested in taking a long at $69.2k which I will update if this comes. Let's have another great day!
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