Market Update - #REXBOX

Yesterday we saw #bitcoin test the Monday Low price, where it has seen a good reaction so far with a 2% bounce. However, the Weekly Open ($30.5k area) continues to be resistance this morning as it was yesterday.

Once again this remains the area we need to accept above for any chance of continuation. All the time we are trading below this we have to consider the increasing chance of a bigger pullback.

We have PCE data released today at 12:30 UTC so there may be some volatility around this time.

$BTC