MARKET UPDATE- 👀

Once again Bitcoin has shown that $69.2k (2021 ATH) remains a key psychological level, as this area has provided the first signs of a bounce for a few days. We can clearly see that $71.1k, which is the 4hr EMA200 (yellow line,) is the current resistance.

Best to keep things simple here- All the time BTC is trading below the 4hr EMA200 we do not rule out a retest closer to $68k soon. 4hr acceptance above this and we can see BTC retest $72.2k (Monday Low) which would be the next key level to reclaim.

$BTC

BTC
BTCUSDT
65,959.9
-4.31%

$ETH

ETH
ETHUSDT
1,983.37
-4.20%

$BNB

BNB
BNBUSDT
610.81
-3.17%

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