🚨 Market Update - 👀
After strong sell pressure again on Bitcoin yesterday, the price eventually bounced from the low $62.8k area. The price quickly recovered $63.5k by the end of the day, which is a key level we need to hold to maintain the current range. Currently we are seeing 4hr resistance at $64.5k.
This is the Monthly Open and 4hr EMA200. Reclaim $64.5k and we can see another attempt to reclaim the previous support at $65.7k. However, I am also seeing some liquidity developing lower, so we may grab this before any significant move up.
