LIVE--ใป416 views
๐จMarket Update - ๐
Yesterday Bitcoin had one 4hr candle close above the $61.1k resistance that we were watching. This was temporarily held as support but has since accepted back below. This is because we have very very low volumes this weekend. With such low volumes it makes continuation very difficult. Today we look for the breakout again, and if the volume picks up into the weekly close then we could see $61.6/8k minimum. For support, we are looking to see $60.6k (Monthly Open) maintained, but I am still looking at areas under $60k now.
The winning trade right now is to wait for a clearer picture and increased volumes!
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.