7/7/2024

7/7/2024

Bitcoin continued to recover yesterday, but as expected we have seen a rejection from $58.2k which is the Previous Month Low and Daily EMA200. For now I am happy to wait for a sweep of a little lower or a reclaim of $58.2k.

If we accept back above this level then I expect the price to push back towards $60k where I can see there is a growing amount of sell orders.