đš Market Update - đ
After many tests of $62k support (Monday Low) this eventually failed and we saw a fast move into $60.6k (DM VAL.) We can see that this level is holding as 4hr support currently, and we are starting to see some more strength. Remember we have CPI data released in a few hours so we can expect volatility from this. If the news is positive then we are looking at the reaction or reclaim of $62k.
If the figures come in worse than expected then we are looking for $60.6k to continue to hold as 4 hour support, but I would not rule out a wick below $60k.
