Crypto Chiefs – @chiefrafba

Market update- After Bitcoin broke above $76.5k (Monday High) there has been a quick move to $78k which is exactly the move I mentioned yesterday. Once again BTC is under resistance at this level, which was also last week's high. If we see 4hr acceptance above $78.3k, this will likely start a move to test above $80k.  Until BTC breaks $78.3k, I will have my eyes on a retest at $76.5k (Monday High).

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Market update- Bitcoin continues to grind up but at the time of writing it is struggling to give a clean break of the $76k zone. We can assume that $76.5k (Monday High) will be 4hr resistance, but once this level is broken, we could look at targeting a move back towards $78k. If BTC makes a bearish move today, then $73.7k (Weekly Open) is the key support that needs to hold again. Possible Iran/ US peace talks today, in Pakistan, so we need to be aware that this may cause volatility. The Monday Range this week is $73.7k - $76.5k.

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Market update- Bitcoin is doing exactly what we expected since accepting back under $76k- Yesterday we saw a bearish retest of this level before retracing back to the key level of $73.7k. This has once again provided a reaction to confirm that 4hr support is still. For now, I am waiting for the Monday Range to play out after another amazing week of trading last week, and I will be planning my next move. The range break from $73.7k - $76k will decide the direction of the next move.