#Market_Update

Bitcoin has faced a rejection at the key $101.5k resistance zone, which we've been watching closely over the past few days. After last night's pullback, the price has so far held above the 4-hour demand zone between $98.8k and $97.8k. This zone is still intact, but it's important to let the market develop through the start of the week.

A further dip to around $95k wouldn’t be surprising, especially as liquidity continues to build in that area. For now, we’ll let the Monday range play out, but a retest of $95k could be in the cards before we see a clearer direction.