🚨 Market Update - 👀
Bitcoin has so far seen a reasonable reaction exactly from the $66k level. We have not yet seen a test of those large bids at $65k that I mentioned yesterday, but the bids are still active. Currently BTC is holding $66.8k as 4 hour support which is now the DM VAL. Clear resistance at $67.6k which four consecutive 4hr candles have now rejected from. A 4 hour reclaim of $67.6k and we can start to think about $69k again.
Having said all of this, today is a day we can expect big volatility. We have both CPI data released followed by the FOMC decision a few hours later. Any "bad" news could see a visit of those $65k bids.
