🚨 Market Update - 👀
Yesterday we saw Bitcoin dumped 5% on little news. Right now Bitcoin is respecting $60.6k ( Monthly Open) as 4 hour support with every candle closing above this. However the bounce so far is pretty weak, when we compare this to Thursday's 4% reaction from this level.
BTC needs a 4 hour close above $61k then we could see a $61.8k retest at the red zone on the chart. If $60.5k is lost on a 4 hour close then we can very quickly lose $60k aswell. Bigger levels of interest developing lower!