🚨 Market Update - 👀
Bitcoin finally rejected from the $110k level we have been speaking about. The $108,300 area which was mentioned gave a small bounce but we have now lost this on the 4hr chart. The 4hr range was broken to the downside and price is heading towards the next key support area which sits in the $106,000 region.
We are currently testing the previous week high so it will be interesting to monitor the reaction from this level too. We have the release of the PPI + core PPI today which is likely to bring some volatility around the time of release.
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