🚨Market Update - 👀
After a move up to test $70k yesterday, Bitcoin had a bearish engulfing candle which saw the price retrace back below $70k. Right now we are seeing the demand zone, created by the move up, holding as a 4 hour support zone.
However, we have yet to see any strong buy back, and we should not rule out a move below the $66k that we saw on Tuesday. $66.8k (DM VAL) remains a critical level to hold. If we start to accept below that then a move lower could come very quickly.