Market update- 👀

Bitcoin confirmed 4hr support in the $87k area once again but is struggling to make any significant breakout above $88.6k (Weely Open). I am watching for a breakout of the orange trendline now, which represents the downtrend since early December. If this downtrend is broken with volume I think we could see $92k tested over the next week.

The order books are thin, the price is very choppy and in these conditions I believe it is important to manage any positions more aggressively because sooner or later a bigger move will happen. Not every day is for trading, not even every week, practice patience and let's see what opportunities arrive!

$BTC

BTC
BTCUSDT
89,609.7
+0.14%

$BNB

BNB
BNBUSDT
892.74
+0.19%

$SOL

SOL
SOLUSDT
127.55
-0.05%

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