MARKET ANALYSIS- 👀
After a 5% move by Bitcoin from the Weekly Open, it is now facing resistance at $74.8k (Monday High). This is the only level standing in the way of a retest at $76k, which is one of the likely scenarios we have mentioned in recent days. If this is to be the next move, then we really need to see $73.7k (Prev Week High) hold as 4hr support on any retests. Acceptance back below this and there are a lot of levels to retest back closer to $70k.
Now that the Monday range has formed, I will be actively looking for new opportunities!
The Monday Range this week is $70.7k - $74.8k.
$BTC $ETH $BNB #CryptoDawar #CryptoMarketRebounds #SECEasesBrokerRulesforCertainDeFiInterfaces #USDCFreezeDebate #Write2Earn