MARKET UPDATE- 👀

I mentioned on Tuesday that I expected a retest of $75k - $74k this week for Bitcoin if $76.4k (Monday Low) was lost. This is exactly the move that played out yesterday, with the news that there may be no Fed rate cuts this year. A good reaction so far from $74.8k and a reclaim of the Prev Month High at $75.9k is good news for bulls. 

We are looking for BTC to reclaim $76.4k which is currently confirmed resistance with a rejection from that level this morning. Acceptance above $76.4k and $77.5k would be the next likely move.

$BTC

BTCUSDT

Perp

81,321.5

+2.50%

$AI

AI

0.0311

+28.51%

$BIO

BIO

0.0456

+2.24%

#FedRatesUnchanged #CryptoDawar #Write2Earn #TrendingTopic #BTC