Bitcoin Market Update -
After an aggressive sell off yesterday, finally Bitcoin gave a reaction and some strength from the $58.2k area. We are starting to see signs of 4 hour resistance at $61.3k, which was also a previously strong daily support so we need to be careful around here.
If we can close a 4 hour candle above this level then we could be looking at a move back towards $63.4k (Monday High.) But be aware that liquidity is growing again under $60k, so do not rule out another sweep of this.
The Bitcoin Seer
npub1rtc…lykr
2024-06-25 15:05:49
Author Public Key
npub1rtcm7s0gnmzpze77eexty9y0cctn5pvn62utvydugau20xvrcdus9dlykrPublished at
2024-06-25 15:05:49Event JSON
{
"id": "ef741df8a226e693863f9ba288b66c2b84f31070e220c231662c2a85afaa78a9",
"pubkey": "1af1bf41e89ec41167dece4cb2148fc6173a0593d2b8b611bc4778a79983c379",
"created_at": 1719320749,
"kind": 1,
"tags": [],
"content": "Bitcoin Market Update - \n\nAfter an aggressive sell off yesterday, finally Bitcoin gave a reaction and some strength from the $58.2k area. We are starting to see signs of 4 hour resistance at $61.3k, which was also a previously strong daily support so we need to be careful around here. \n\nIf we can close a 4 hour candle above this level then we could be looking at a move back towards $63.4k (Monday High.) But be aware that liquidity is growing again under $60k, so do not rule out another sweep of this.",
"sig": "f95dff02c29381f7c06b1dff9f1193554459769b346b126578f995606baf326dd6070bd60115fe48351751693a01eb406cb3a66919e10085fc92a04b5dfe0163"
}