🚨 Market update- 👀
If you read my market update yesterday, then you will remember that I said Bitcoin was struggling to hold onto the rising channel (orange trendlines) and any 4hr close below $115.1k would likely see a move towards $112k.
This is exactly the move that played out overnight- The short zone we had last week at $116k-$117k ended up being the exact local top.
In my opinion the best trade, right now, is to wait for some price action to develop- It is Monday, stocks have not yet opened, and there is a chance BTC will move lower still.
New week, and plenty of time to make it a great one!
$BTC $ETH $BNB #BinanceHODLer0G #MarketPullback #CryptoDawar #BNBBreaksATH