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Discord-LOTR DAO-harry.eth 299 days, 18 hours ago

$BTC Market Update




Bitcoins support from the April open level ($28,450) was eventually broken yesterday evening and we saw the price move below $28k.

This previous support is now our first resistance area, and after the confirmed breakdown on the 4hr chart, we have already seen the next candle reject strongly from $28.4k.

At the time of writing this, the next move is not clear with the price sitting at the Previous Month POC. If we get a pullback, we are looking for yesterday's low to hold ($28.6k area) or we can expect a visit to the range lows.

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