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Market update-
The levels that I mentioned yesterday for Bitcoin have been playing out- The liquidity at $65.6k was tested, and this was the exact point of rejection.
After 4hr acceptance below the Monday High we have seen a move towards $63.7k (Weekly Open). I said yesterday that $63.7k was my first level of interest for a reaction and, although it has not been tested completely cleanly, we have started to show strength from this area.
$63.7k - $64.6k would be a likely BTC range for today, but if $63.7k is lost then I expect we will see Bitcoin back towards $62k soon.
The levels that I mentioned yesterday for Bitcoin have been playing out- The liquidity at $65.6k was tested, and this was the exact point of rejection.
After 4hr acceptance below the Monday High we have seen a move towards $63.7k (Weekly Open). I said yesterday that $63.7k was my first level of interest for a reaction and, although it has not been tested completely cleanly, we have started to show strength from this area.
$63.7k - $64.6k would be a likely BTC range for today, but if $63.7k is lost then I expect we will see Bitcoin back towards $62k soon.