🚨 Market Update - 👀
Bitcoin is looking weak so far this morning, and has now accepted back under the orange trendline after holding as support yesterday. $61.5k area (Weekly Open) is a level we want to see hold on 4 hour closes.
This is also the weekend resistance level which we are looking to see continue to hold as new support. Be careful of volatility today, on both sides, as we have PPI and Jerome Powell (Fed Chair) speaking.
Our Monday range this week is: $60,750 - $63,440.
