📊 #Marketupdates
On the 4hr Bitcoin chart, price action is respecting the Monday range quite well:
$110.4k (Monday High) is acting as firm resistance.
$108.6k (Monday Low) continues to hold as support, with multiple successful retests in the past day.
The $109k level (Weekly Open) is beginning to show signs of 4hr resistance too.
To maintain bullish momentum, I’d like to see a clean break above the $109k zone soon. However, the longer we consolidate below it, the more likely we see a sweep of the $107k–$106.5k range.
✅ Strong start to the week in terms of trade setups — let’s see how things develop today!