MARKET UPDATE- 👀

Bitcoin is up 8% from the $59k lows on Friday, but now under resistance just above $63k.

No surprise to see resistance here as this was 4hr resistance on Thursday/ Friday too before making another move down. If this level is broken, and we start to see 4hr consolidation around $64k then we can have more confidence of a move towards $66k and even $69k.

As the week is only just beginning, we should not rule out a retest around $61k to test the "chop zone" BTC was in for much of the weekend.

$BTC

BTCUSDT

Perp

63,471.8

+2.88%

$BNB

BNB

606.96

+2.74%

$XRP

XRP

1.1798

+4.17%

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