๐ #Bitcoin Daily ๐
$BTC failed to find acceptance above developing Year VWAP yesterday and it seems like it is getting ready for another dip, although so far it holds above breakout level (~58k). If that dip happens, nearest attractive zones are around 56 / 54 / 51.5k
As I wrote before, last Week candle formed a wide doji range (53.5-60.8k), so no sense in expecting price to leave it fast. Since #BTC already re-visited sell tail half length yesterday, most probably next we will see it revisit last week buy tail.
Today PPI, tomorrow Inflation Rates, so these two days gonna be volatile. Don't mess with entries outside (in between) given levels. You'll be chopped out.
Nearest liquidity pools:
above - 59468 / 60158 / 60831 / 61124
below - 58260 / 57684 / 57096 / 56360
Lines on the chart:
๐ธ64601 - July close
๐ธ62766 - June close
๐ธ60650 - May open
๐ธ58218 - June low
๐ธ56537 - May low
๐ธ55830 - July 1st week close
๐ธ53329 - July low
Trend: D โถ๏ธ W โถ๏ธ M โถ๏ธ
๐ค F&G: 31 < 25 < 39 < 40 < 48