๐จ๐จ Market Update - ๐
After multiple failed attempts to flip the resistance at the Previous Week High ($66.8k) Bitcoin headed lower as expected. The Weekly Open and Monday Low ($64.5k area) did not hold as support and this has now become resistance with the last four 4hr candles closing below this.
This is a key level to reclaim or we may see $62k region soon. We can expect volatility today as we have US GDP figures being released in a few hours time.