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$BTC /USDT
Market update-
Yesterday Bitcoin saw another aggressive rejection from $90.3k (Monthly Open), which is the resistance zone we have been speaking about for the past week. This morning, BTC lost $87.8k (Monday Low) on the 4hr chart which is not idea for long positions. Until this level is reclaimed on the 4hr chart, we have to consider the realistic chance of a test below $86k. I will be looking for both long and short areas of interest, but risk management remains key here.
The Monday Range this week is 87,845 - 90.6k
$BTC