🚨 Market Update - 👀
After failing to accept above $61k, Bitcoin rejected and fell straight through $59.5k (Monday High) which is an area we would usually expect some support. Since then we have seen pretty slow price action, but the previous 4 hour candle did close back above the Monday High again.
I am watching to see whether this holds as support by the end of this candle, as there is big liquidity growing at $60.5k which would likely be the next move. If $59.6k does not hold then we would have to consider a sweep of the Monday Low. I am watching the chart to see what we can get today!
