Market Update -
Yesterday, we saw #Bitcoin retrace daily to reclaim $37,000
We can see how big the demand zone is ($36,8k to $36,4k)
We have been talking about this since Saturday and so far this area has not been lost during the 4 hour candle close
This morning we saw the high of the developing month's value zone ($36
6k) reclaimed at the recent 4-hour close, so we expect to see that confirmed is support now and a retest of $37,000 is likely
Our Monday price range this week is from $36,350 to $37,450
Be careful in positions today as the release of US CPI data could cause volatility in either direction