Market Update
22-07-2024
There has been a rejection from the trendline resistance at $68.5k for Bitcoin the last night. At this point, we have a four-hour supply that is close to the previous week's high of $68.3k, which is a significant threshold to breach. The gap in the CME, which was previously at $67.2k, has just been filled; this may provide us with support; nonetheless, our four-hour range until it is broken, is between $66.5k and $68.5k.There will most likely be opportunities and volatility this week.
