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Bitcoin Market Update -

After an aggressive sell off yesterday, finally Bitcoin gave a reaction and some strength from the $58.2k area. We are starting to see signs of 4 hour resistance at $61.3k, which was also a previously strong daily support so we need to be careful around here.

If we can close a 4 hour candle above this level then we could be looking at a move back towards $63.4k (Monday High.) But be aware that liquidity is growing again under $60k, so do not rule out another sweep of this.

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The Bitcoin Seer 1y ago

Looks like we closed above $61.3k. Stay tuned for the next update.

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