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2024-06-24 13:49:31

ภ๏รtг๏ภคยt on Nostr: Looking at the daily chart today, we can see that Bitcoin has already moved down 4% ...

Looking at the daily chart today, we can see that Bitcoin has already moved down 4% from the weekly open. This is because of the news about Mt. Gox starting repayments of Bitcoin to customers. The current area of $61k is a significant daily support level, and we have just taken a large amount of liquidity here but no real bounce just yet. I am watching liquidity increasing at $60k and under now, so the move down may not have finished.
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npub1wl89d7yazg500lehg08p45dj2jzhhyqg2erj067458e3wd30djns4zn8lu