After Bitcoin lost $67.2k (Monday Low) on the 4hr chart yesterday, we can see this has flipped to resistance with a bearish retest of that exact level. BTC is trading in this clean falling wedge, and until this is broken to the upside then we have to assume that creating another Lower Low towards $65k (Prev Week Low) would be the logical next move. I will be watching for either a breakout or the reaction at $65k during the US session today. #GateSquare$50KRedPacketGiveaway $BTC
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Market update-
After Bitcoin lost $67.2k (Monday Low) on the 4hr chart yesterday, we can see this has flipped to resistance with a bearish retest of that exact level. BTC is trading in this clean falling wedge, and until this is broken to the upside then we have to assume that creating another Lower Low towards $65k (Prev Week Low) would be the logical next move. I will be watching for either a breakout or the reaction at $65k during the US session today.
#GateSquare$50KRedPacketGiveaway $BTC