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2024-08-11 16:52:55

Redacted Display Name on Nostr: Market Update - A choppy weekend so far for Bitcoin. We have seen BTC make an attempt ...



Market Update -

A choppy weekend so far for Bitcoin. We have seen BTC make an attempt for the $62k area (DM VAH) but faced resistance from this level as expected. The 4 hour demand around $60k remains support for now, whilst there are also signs that $61k is now support too.

The chances of seeing volatility increased this evening heading into the weekly close, so I am waiting to see which level is broken first- $60k or $62.1k.
Author Public Key
npub1wl89d7yazg500lehg08p45dj2jzhhyqg2erj067458e3wd30djns4zn8lu