đšMarket Update:
Bitcoin has dropped below the $65.7k mark, which was previously acting as 4-hour support. Weâve observed a bounce from the $63.5k area, aligning with last weekâs low.
This zone is crucial to maintain, as it represents the range lows. If the $63.5k level holds, we could see a push back up towards $65.7k, where previous support might now act as resistance.
However, if Bitcoin loses the $63.5k level, thereâs a strong likelihood of a retest closer to $61k.It's a new month, let's make it a great one!
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