MARKET UPDATE- 🚨

Bitcoin continues to look weak and has been bleeding since the weekly open, as the markets are dominated by the issue over Greenland.

I mentioned yesterday that $92k (4hr EMA200) was a key level to hold as support, which is where the first reaction came from. This has now been lost this morning and, considering it lines up with $91.8k (Monday Low,) I would now expect some resistance here on a reclaim attempt. A move closer to $90k remains a real possibility.

The Monday Range this week is: $91.8k - $93.6k.

$BTC

BTC
BTCUSDT
87,564.9
-2.01%

$ETH

ETH
ETHUSDT
2,867.22
-3.24%

$BNB

BNB
BNBUSDT
867.29
-2.50%

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