📉 Bitcoin Daily 📈

As I have written many times - gaps always close. It is just a matter of time. This time it happened quite quickly. And there is a new gap on the CME chart at 60240-60620. For Binance Futures, the lower is at 59797, so that is a guaranteed target to revisit. That area also correlates with the growing VWAP year at 59501 - high probability of seeing a bullish retest of that dynamic SR. If it breaks lower, then the next logical target would be a stop below 59213 and covering the gap to 58500. And these areas I mentioned

The above areas are for bullish retests and recovery. If the market decides to create another liquidation chain, this time for long positions, it is clear that $BTC can go down, but that would be a different scenario, which I do not want to highlight until it becomes clear. After all, the developing weekly candle is extremely bullish.

AE exchange and share the market Contact the page, Gim article section

#Bitcoin #BTC