Weekly Technical Outlook

5th May 2024

The market is looking ready for some shortterm sells and it is only Smart to prepare for it.

BTC: Bitcoin got as high as $97k last week and looked ready for more upside moves but buy volume fizzled out and grew weak, this week, we are likely to see prize retrace to the $90k support before buyers build momentum for the potential next leg up, current price is at $94,785.

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