<center>![4DCE40DE-8358-4827-86D5-E9226316876B.jpeg](https://steemitimages.com/DQmb77z4xQPmaXSJSgHRD1v2qVqGaAnjQstn6tMv4YNUMxv/4DCE40DE-8358-4827-86D5-E9226316876B.jpeg)</center>

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Hey guys,

I hope you’re having a great weekend. I certainly am 😎. But while forex markets pause, crypto certainly don’t, so let’s have a look at the price action.

We have [talked about Bitcoin pulling back into previous resistance turned support](https://steemit.com/bitcoin/@forexbrokr/bitcoin-s-surging-price-action) and that’s exactly what we’ve seen.

Take a look at the higher time frame chart:

### BTC/USD Daily
![96B96ED8-16D9-42CD-9E52-8AEC2D222468.png](https://cdn.steemitimages.com/DQmYGdsqDpsV4S4PWNHM8x1KQJqABzBSeynZ5ASCMKKAE1S/96B96ED8-16D9-42CD-9E52-8AEC2D222468.png)

After the Winklevoss ETF was denied, the market sold off, but the fact that this shouldn’t effect the CBOE’s own ETF application meant that the news wasn’t bad enough to break support. 

Look at the bounce on the intraday chart:

### BTC/USD Hourly 
![168F41F9-806B-4B49-AB15-BEBA83F02129.png](https://cdn.steemitimages.com/DQmbKokPGGoKABALFVSCd6ijuUaV8dpCbLc35RvVxYvWSoK/168F41F9-806B-4B49-AB15-BEBA83F02129.png)

Quite healthy price action if you ask me.

Have a good one!

✌🏻.

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# *@forexbrokr | Steemit Blog*

*Market Analyst and Forex Broker.*

![lion-header-blue.jpg](https://steemitimages.com/DQmaMdbKQ3ckYDp1G9CAP3ruX3JgRikHJ5L9dzxiZrVWzbF/lion-header-blue.jpg)

**Twitter:** [@forexbrokr](https://twitter.com/forexbrokr)
**Instagram:** [@forexbrokr](https://www.instagram.com/forexbrokr/)

###### *Leave a comment to chat about [forex and crypto trading mentorship](https://twitter.com/forexbrokr/status/980736104151244800).*</center>