quotingMarket Update -
nevent1q…6r37
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.
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