🚨 Market Update - 👀
If you have been following my recent market updates, then you would not be surprised to see Bitcoin reject exactly from the Weekly Open at $104 this morning. This level has now failed to have a significant reclaim for the past 4 days. $103k looks to be 4hr support for now, so we have a very tight range of less than 1% as we head towards the weekly close/ US futures open.
With the downgrade of the USA's credit rating on Friday, be aware of potential volatility over the next 24 hours. For now I have levels in mind which I will monitor but BTC breaking $103k or $104k will determine the next direction.
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