#Marketupdate

After tension in the #MiddleEast last night, #Bitcoin❗ retraced to test the demand zone in the mid-$65.5k area. This is the second test of the zone this week and has given another strong reaction. $BTC is trading back above $66.8k (Monday Low) and once again we are looking for this to hold as 4 hour support.

If we see a continued recovery today I am expecting to see resistance above $67.6k at the down trend resistance. No rush from @TMC for new positions, but @TMC will be keeping an eye for any strong opportunities.