Market Update - 👀
Another day of Bitcoin closing below the EMA200 at $58.2k. As I have been mentioning, until this level is reclaimed on the daily timeframe we have to be open minded about another move lower. Beyond $58.2k we would be looking for a 4 hour reclaim of $58.9k (DM VAH.)
Until we get a clearer indication of what is next we will continue to pick our trades carefully and look to continue the winning run! Remember we have CPI today so we can expect volatility then.
