🚨 MARKET UPDATE- 🚨
After the 25bps rate cut from the FED, Bitcoin has seen an aggressive rejection from the range highs at $94k. So far today we are seeing low volume, and the price is chopping between 2 key levels- $89.5k (Monday Low) and $90.3k (Monthly Open).
The choppy range from last weekend is providing 4hr support at $89.5k, and I am watching for a 4hr close below $89k. Any acceptance below and rejection from $89k then I believe it is likely we will see the $87k area again. For confidence of upside continuation we need to see 4hr acceptance above $94k.
BTCUSDT
Perp
90,269.2
-0.16%
$ETH $
ETHUSDT
Perp
3,073.3
-3.89%
SOLUSDT
Perp
131.53
-1.86%
#BTC #CryptoDawar #USJobsData #BinanceAlphaAlert #USJobsData