#Binance gets hacked. Lower volume. $BTC likely to retrace.
Binance blocks deposits and withdrawals at least for a week. This means no trading in the world´s largest exchange, therefore lower volume in the upcoming days, which might make BTC and the whole crypto market to go down.
Volume has already been very low today, and it can remain like this or even lower for the rest of the week. These low volume levels very likely won´t allow the BTC price to break the key resistances at $5900 and $6000. If the resistances are not broken upwards by the price, it can start performing lower maximuns and do a pull-back to $5600 and even $5350 in the worst case scenario.
The Copilot
Volume has already been very low today, and it can remain like this or even lower for the rest of the week. These low volume levels very likely won´t allow the BTC price to break the key resistances at $5900 and $6000. If the resistances are not broken upwards by the price, it can start performing lower maximuns and do a pull-back to $5600 and even $5350 in the worst case scenario.
The Copilot
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