๐จ Market Update - ๐
On Friday I mentioned that $104.5k - $106k would be a key level for Bitcoin. This has now been tested and there is resistance as expected, as there was previous daily resistance here (January) with $104.5k being weekly resistance and the highest daily close for BTC was at $106k.
Any daily acceptance above this zone and we can expect a new ATH very soon. If BTC start to put in a local top here then we could be looking at a retest towards $100 - $98k in the coming days. I will be continuingย to monitor for opportunities but let's see how the weekly candle closes now.
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