📉 Bitcoin Daily 📈
As expected $BTC wicked under the trendline, but not that much, and those dips gave enough volume to push it back up on Monday. Nevertheless Week candle closed under previous week open.
UK/US Friday POC correlates with week close. If downtrend continues, we may expect temporary bounce to one of the nearest key liquidity zones and then another swing down.
🎯 Nearest Key Levels
Above: 64085 / 64700 / 65700
Below: 62230 / 61460 / 60810
I'd be careful with swing longs at least till BTC grows above 67k - till then every bullish move has higher chances to be a trap, rather than a reversal. Follow the trend.
⏳HTF zones to watch and act based on PA there:
* for shorts 69-72k
* for cautious longs 59-60k
* for heavy long term and spot buys longs 44-48k
⏰ Free TG #Bitcoin alarms set for: D/W/M20sma, 69000, 67255, 66400, 64695, 60800
As expected $BTC wicked under the trendline, but not that much, and those dips gave enough volume to push it back up on Monday. Nevertheless Week candle closed under previous week open.
UK/US Friday POC correlates with week close. If downtrend continues, we may expect temporary bounce to one of the nearest key liquidity zones and then another swing down.
🎯 Nearest Key Levels
Above: 64085 / 64700 / 65700
Below: 62230 / 61460 / 60810
I'd be careful with swing longs at least till BTC grows above 67k - till then every bullish move has higher chances to be a trap, rather than a reversal. Follow the trend.
⏳HTF zones to watch and act based on PA there:
* for shorts 69-72k
* for cautious longs 59-60k
* for heavy long term and spot buys longs 44-48k
⏰ Free TG #Bitcoin alarms set for: D/W/M20sma, 69000, 67255, 66400, 64695, 60800