#Market Update -
Yesterday, we stated that we want to keep #Bitcoin at last week's high ($69,000) in a retest
This level was fully defended, with all 4-hour candles closing above the 2021 ATH yesterday
This is bullish
We understand that people are worried and frustrated by sideways movements and rejections due to resistance, but we are forming solid price action levels with the old ATH
Yesterday's level is still valid
So keep in mind that a loss of $69,000 could lead to a return to this week's lows
There is strong acceptance above Monday’s high ($71,200), testing a new ATH
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