Market Update -
Amazing strength from Bitcoin yesterday closing with a +5% daily candle. We have seen it take out the Monday High and many other key levels with ease on the way up! It has now found some resistance at the April VWAP above $29k. If we start to close candles above $29.2k then $30k could arrive pretty fast.
Remember we have Jerome Powell giving a speech this afternoon, so we have to be wary of potential volatility then.
Amazing strength from Bitcoin yesterday closing with a +5% daily candle. We have seen it take out the Monday High and many other key levels with ease on the way up! It has now found some resistance at the April VWAP above $29k. If we start to close candles above $29.2k then $30k could arrive pretty fast.
Remember we have Jerome Powell giving a speech this afternoon, so we have to be wary of potential volatility then.