๐จ MARKET UPDATE- ๐
After Trump mentioned a potential $2k payment to US citizens and the deal to end the US Government shutdown getting closer, Bitcoin has gained strength heading into the new week. The $106k area is giving some resistance as expected, and it is worth keeping in mind that the trend in recent months has been bearish on a Monday following strength on a Sunday.
In my opinion $104.6k (Weekly Open) is a key level to watch on the 4hr timeframe which also lines up with the new CME Gap. If this level holds then we can consider a move back towards $109k+ this week. If $104.6k breaks, and starts to act as resistance, my eyes will be back on the $101k - $100k area. Lets make this week as amazing as the last one!
BTC
95,515.93
-0.75%
ETH
3,176.79
-0.09%
BNB
933.55
-0.30%