MARKET UPDATE- 👀
Bitcoin is up 8% from the $59k lows on Friday, but now under resistance just above $63k.
No surprise to see resistance here as this was 4hr resistance on Thursday/ Friday too before making another move down. If this level is broken, and we start to see 4hr consolidation around $64k then we can have more confidence of a move towards $66k and even $69k.
As the week is only just beginning, we should not rule out a retest around $61k to test the "chop zone" BTC was in for much of the weekend.
BTCUSDT
Trvl
64,115.7
+0.21%
BNB
607.67
-0.10%
XRP
1.1383
-0.77%
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