MARKET UPDATE- 👀
Yesterday Bitcoin retraced to test all of the levels that I have been warning about for the past couple of days. After initially holding $74.2k (Prev Week Low), this level has also been lost due to new missile launches in the US/ Iran conflict.
If you look at my chart, the orange line shows a hidden 4hr S/R flips level that was lost earlier. It is key for BTC to reclaim this, as well as the $74.2k level to avoid a further fall in price. If we see these levels start to act as solid resistance, and we see sustained consolidation below, a retest in the $72k - $71k area is likely.
BTCUSDT
Trvl
61,781.5
-2.51%
BNBUSDT
Trvl
594.4
-2.10%
XRPUSDT
Trvl
1.1391
-3.04%