🚨 Market Update - 👀
Strong recovery from Bitcoin yesterday. The yellow line on the chart represents the 1hr EMA200 which has been resistance since the last week of August. This has been broken and retested and is now holding. As long as BTC is trading above this we can see a move to $58.6k (DM VAH,) which is also an area of increasing liquidity.
If the 1hr EMA200 is lost, or we see any quick move down today then $55.7k is the first area to look for a reaction. The Monday Range this week is $54.5k - $58.1k.
#BTC #CryptoDawar #CPI_BTC_Watch #BITCOIN #BinanceBlockchainWeek $BTC