๐จ Market Update - ๐
Bitcoin is continuing to respect $93.5k as 4hr support which was a key level we mentioned yesterday. Although there was a 4hr close above $95k (Prev Month High) this was just deviation as the next candle accepted back below.
This gives us some pretty choppy price action for the market, and we are waiting for a bigger break. Watching for 4hr acceptance under $93.5k, with eyes then on the CME gap around $92k, or a strong break of the $95.5k range highs.ย