Market Update -
Bitcoin continued to sell off into the weekly close/ open, but has given a good reaction so far exactly from the level discussed in the Premium Group last night- $57.7k. $58.5k (Prev Monday High) is still being respected as 4 hour support.
Keep an eye on the $57k area today, this was previously strong resistance, so we would like to see support there now. If this does not hold then we cannot rule out a move towards $53k. If we get a push up today, likely resistance at $59.8k/ $60k.
Redacted Display Name
npub1wl…zn8lu
2024-08-12 11:08:11
Author Public Key
npub1wl89d7yazg500lehg08p45dj2jzhhyqg2erj067458e3wd30djns4zn8luPublished at
2024-08-12 11:08:11Event JSON
{
"id": "dc3e1833dfa954694e6cb1177df627fcb2156152005ccf323d87da3f1c8cd0fe",
"pubkey": "77ce56f89d1228f7ff3743ce1ad1b254857b9008564727ebd5a1f317362f6ca7",
"created_at": 1723460891,
"kind": 1,
"tags": [],
"content": "Market Update -\n\nBitcoin continued to sell off into the weekly close/ open, but has given a good reaction so far exactly from the level discussed in the Premium Group last night- $57.7k. $58.5k (Prev Monday High) is still being respected as 4 hour support. \n\nKeep an eye on the $57k area today, this was previously strong resistance, so we would like to see support there now. If this does not hold then we cannot rule out a move towards $53k. If we get a push up today, likely resistance at $59.8k/ $60k.",
"sig": "40a74580b75dbeb6dc9e4ad980da9434c67beec9ea4411d1b32323ac3932e7bf54152541673df6cba0d57337c0366e314001ed92549ef5da7045379d566c023a"
}