๐จ Market Update - ๐
After continued rejections of the 4hr EMA200 (yellow line) yesterday, Bitcoin is now facing resistance at $95k (Weekly Open.) Watching for this level to be reclaimed, and a break of the downtrend before another attemptย at reclaiming the EMA200.
If the price continues to trend down, then we want to see $92.4k (Monday Low and Prev Week Low) give a reaction. Bitcoin Dominance has retraced a little and there are early signs that altcoins are starting to out perform Bitcoin.
#MarketRebound #CryptoDawar #BTC #BITCOIN #BinanceAlphaAlert