🚨 MARKET UPDATE- 🚨
The bearish price action continued for Bitcoin yesterday, and it has now lost further key levels at $72.8k (Weekly Open) and $72.2k (Monday Low.) This has been a non-stop bleed for 2 days and the price has retraced almost 9% since Tuesday. BTC is now coming towards testing the $69.2k level- This was the 2021 All Time High but as we can see on the chart this has continued to play a significant role of being support and resistance.
From here I am watching to see if we see a short term bottom develop, but if this level fails too then it seems likely that $67k (Monthly Open) will be tested soon.
BTCUSDT
Perp.
81,792
-0.24%
ETHUSDT
Perp.
2,340.66
-1.26%
BNBUSDT
Perp.
669.57
+0.43%
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