MARKET UPDATE- 👀
Yesterday we saw Bitcoin reclaim the $59.5k (Weekly Open) level with a strong 4hr close above. This was followed by a perfect retest before continuation. Although we did see a 4hr close above the $60.8k area (Monday High), this was not a strong close above and BTC is struggling to maintain this.
Assuming we see a 4hr close back below $60.8k, bulls need $59.5k to be maintained as 4hr support on any further retest. There is also demand closer to $59k (Monday Low), so I do not rule out a retest there today.
$BTC
$ETH
$XRP
Binance1B$inStocks #CryptoDawar #Brev #TLM #Write2Earn #POND
Yesterday we saw Bitcoin reclaim the $59.5k (Weekly Open) level with a strong 4hr close above. This was followed by a perfect retest before continuation. Although we did see a 4hr close above the $60.8k area (Monday High), this was not a strong close above and BTC is struggling to maintain this.
Assuming we see a 4hr close back below $60.8k, bulls need $59.5k to be maintained as 4hr support on any further retest. There is also demand closer to $59k (Monday Low), so I do not rule out a retest there today.
$BTC
$ETH
$XRP
Binance1B$inStocks #CryptoDawar #Brev #TLM #Write2Earn #POND