๐จ Market Update - ๐
Bitcoins failure to reclaim the green zone yesterday was a significant point of rejection, as this was the 4hr range lows, so it was not a surprise to see continuation lower. I mentioned days ago that it was looking likely that $110k would be lost, and that area has now flipped to 4hr resistance at $110.4k (Prev Week Low.)
The key now is for $109.2k (Monday Low) to continue being respected as 4hr support- lose this and we will very likely see $107k (Q3 open) soon.
The Monday range this week is $109.2k - $113.6k.
#MarketPullback #CryptoDawar #Write2Earn #SOLTreasuryFundraising #BTC