🚨 Market Update - 👀
A brutal day for the market yesterday with almost an 8% dump on Bitcoin. A better reaction this morning from $58k. If we continue to see a recovery from here I am expecting to see resistance just above $61k. In this area we have the DM VAH, CME Gap and 4hr EMA200.
Any continued sell off today and we are looking for $57.7k (Prev Week Low) to hold. acceptance below this and I think we see bigger liquidations and a move towards $55k.
