🚨 Market Update - 👀
Although we saw Bitcoin react well yesterday from $62.8k area, which was 4 hour support, there was strong resistance around $64.4k as we expected yesterday. This is in the area of the Monday Low. It is important not to be caught out here, as there is a chance BTC is just creating a Lower High at the current level before another move closer to the DM VAL.
We will continue to take advantage of strong levels, but no need to risk too much here coming into the weekly close. We also have the launch of the Bitcoin ETFs Hong Kong in a few hours so it will be interesting to see if that has any impact.
