๐จ ๐จ Market Update - ๐
Bitcoin has had a 4.5% sell off from the Monday High, but this is no surprise to me. This is just a retest of the 4hr downtrend breakout which was running all the way from the All Time High, as well as a demand zone and DM VAH.
This is a healthy retest as long as each 4 hour candle closes above these levels. If so we look for continuation back towards $71k and the Monthly Open at $71.4k.
The Monday Range this week is $69,040 - $72,890.
