🚨 MARKET UPDATE- 👀
After the $98k sweep Bitcoin has shown some great strength and reclaiming some key levels on the way on the 4hr chart. Despite rising tensions the Middle East yesterday, we managed to hold relatively strong & now we have seen the news that a ceasefire has been agreed which give us a sharp move.
$104.5 (Monthly Open) is our current key level and we have seen some lower time frame retests so far. This level is key & if we continue to hold above we should see a move towards $107k in the short/mid term. It’s important to still keep an eye on the Middle East conflict.
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