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.
BTCUSDT
Perp
77,244.6
-0.27%
BNBUSDT
Perp
628.71
-1.20%
XRPUSDT
Perp
1.4202
-1.05%
#CryptoDawar #CanTheDeFiIndustryRecoverQuicklyFromAaveExploit? TetherFreezes$344MUSDTatUSLawEnforcementRequest#BalancerAttackerResurfacesAfter5Months #Write2Earn #BTC