๐จ Market Update - ๐
Looking at the daily chart today, we can see that Bitcoin has already moved down 4% from the weekly open. This is because of the news about Mt. Gox starting repayments of Bitcoin to customers. The current area of $61k is a significant daily support level, and we have just taken a large amount of liquidity here but no real bounce just yet. I am watching liquidity increasing at $60k and under now, so the move down may not have finished.