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Market Update - Yesterday we mentioned that we wanted to see the $95k level hold as 4 hour support for Bitcoin. This level provided some nice bounces throughout the day and was respected at every 4 hour close. We still have the 4 hour demand below ($94k-$93k) which has yet to be tested so this is still an area of interest. For now I am waiting for a sweep of this, or a reclaim of $97.2k (Weekly Open.) The Monday range this week is $94.4k - $98.2k.

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Market Update - After rejecting $98k again overnight, we are seeing Bitcoin testing $95k which is the range lows since Wednesday last week. If this level does not hold then I am looking at $94k where there is still untested 4 hour demand. If $95k holds as the lows again then we need to see $97.2k (Weekly Open) reclaimed for a potential push to $98.9k. Let's see how the Monday Range plays out.

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Market Update - Yesterday we mentioned how the 2 flat bottom 4 hour candles at $95.6k area were important to watch for Bitcoin. This has given the best reaction so far this weekend but it continues to trade in a sideways range. $97k is 4 hour resistance currently, looking for a close above then we can have more confidence of a push higher. We can expect more volatility heading into the weekly close which could give us a range break in either direction.

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Market Update - Yesterday we saw Bitcoin deviate above $98k (Weekly Open) but this was unable to hold. Whilst various altcoins continue to look strong, BTC continues to retrace. An important area to watch is $95.6k where there are 2 flat bottom 4hr candles. We also have liquidity here so we would want to see a positive reaction. Above the current price I am watching for a 4 hour reclaim of $98k which could then push us towards $100k quickly.

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Market Update - We have seen sideways movement on Bitcoin for the past couple of days. 4 hour support is $95k, with every candle close respecting this, and $96.6k 4 hour resistance. A 4 hour close above this resistance level and I am watching for BTC to make a reclaim attempt of $98k (Weekly Open.) Alternatively, there is untested demand closer to $94k, and with growing liquidity there a move lower before higher is possible.

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