🚨 MARKET UPDATE - 👀
Yesterday we mentioned the importance of the 4hr Bitcoin support at $108.5k (Prev Week High) and $108.2k (Weekly Open). Because huge amounts of BTC were being moved from dormant wallets yesterday, the market was spooked and these levels failed to hold.
We can see that BTC is facing resistance trying to reclaim these 4hr levels, and if rejection from here continues then I am not ruling out a move closer towards $107k - $106.5k. Reclaim $108.5k and we likely have put in a higher low.
#CryptoDawar #OneBigBeautifulBill #BTCWhaleMovement #SpotVSFuturesStrategy #BTC