🚨 MARKET UPDATE - 👀
The situation we were watching for on Bitcoin yesterday played out exactly. A bearish retest of the yellow lines, before a move down to $108k at least. This was helped by more Trump tariff news, and the price briefly dropped below $107k.
For now, we can say $107k is 4hr support, and likely that $111k will be resistance on another retest of the yellow line if it comes. If $111k is reclaimed, we could see a quick more towards $114k where there is increasing liquidity.
#BTC #CryptoDawar #TrumpTariffs #MarketPullback #ETHMarketWatch