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Market Update -

Bitcoin has twice tested the Previous Week VWAP in the past 24 hours, and although the price bounced from here the moves up are getting smaller each time, which is suggesting weakness.

The last 24 hours have been very choppy, with the Developing Month POC acting as support for now- the last 4 4hr candle closes have been above this level.... patience is best here!

Today the USA PCE figures are released 1:30pm UTC / 8:30am ET. This is the change in the prices of goods and services purchased by consumers and so is a key indicator on inflation.