#Marketupdate

Yesterday we mentioned how $71.6k was a key level to watch out for a retest. We can see that 3 consecutive 4hr candles reacted well from this level. We have some demand at $72k now which I want to see hold as 4 hour support.

The 4 hour resistance now is $72.6k, so any acceptance above this level and we can see a new ATH arrive quickly. To the downside, any breakdown of $71.6k then I expect a retest of $70.3k (Monday High.)