🚨 Market Update - 👀
After Bitcoin was unable to consolidate above $110k yesterday, we eventually saw a pullback towards $107.5k which is exactly the area I had bids set for a retest. A strong reaction, as expected, from this area so far and BTC now has acceptance back above $109k.
If we see continued upside today, $110k - $111k is still likely to be a strong area of resistance before the liquidity towards $114k. TO the downside, I do not rule out a sweep of $107k - $106.5k.
The Monday Range this week is: $108.6k - $110.4k.