MARKET UPDATE- 👀

Very little has changed for Bitcoin over the past 24 hours. $78.3k (Prev Week High) remains a strong level of resistance with multiple 4hr candles rejecting from this level.

I mentioned yesterday that $77.6k area was 4hr support, but as we can see by the orange line, there is now 4hr acceptance below this and the price is struggling to be reclaimed. For now, I am observing as the price range is very tight with only $300 movement so far this weekend. If $77.6k is not reclaimed, we could see a further retest of $76.5k (Monday High) this weekend.

$BTC

BTC
BTCUSDT
77,272
-0.36%

$BNB

BNB
BNBUSDT
628.77
-1.45%

$XRP

XRP
XRPUSDT
1.4181
-1.43%

#CryptoDawar #CanTheDeFiIndustryRecoverQuicklyFromAaveExploit? TetherFreezes$344MUSDTatUSLawEnforcementRequest#BalancerAttackerResurfacesAfter5Months #Write2Earn #BTC