$BTC Quick Update ‼️
$BTC is still struggling to find its footing. Before we can even talk about reclaiming $60.8K there is now 4H resistance sitting at $59.5K which is the Weekly Open. That is the more immediate hurdle.
Yesterday price wicked down to just below $58K but bounced back quickly with about a 3% move. That is worth noting. For now $58K is holding as 4H support but a move down to $55K is still very much on the table if things do not improve.
New month and new quarter starting today. Watching closely to see if that brings any change in momentum.
I'm holding my shorts since 58.9K till 57.5K Target 🤝🏻
Trade here 👇🏻
$BTC is still struggling to find its footing. Before we can even talk about reclaiming $60.8K there is now 4H resistance sitting at $59.5K which is the Weekly Open. That is the more immediate hurdle.
Yesterday price wicked down to just below $58K but bounced back quickly with about a 3% move. That is worth noting. For now $58K is holding as 4H support but a move down to $55K is still very much on the table if things do not improve.
New month and new quarter starting today. Watching closely to see if that brings any change in momentum.
I'm holding my shorts since 58.9K till 57.5K Target 🤝🏻
Trade here 👇🏻