📉 Bitcoin Daily 📈
Tokyo session picked up $BTC on the dip and pumped it to 64724. That move didn't violate previous 4H low fractal at 62320 and didn't push price above August swing lower high at 65175.4, so nothing have changed since Friday.
Market structure shift to bullish if breaks above 65175. That move should create a upwards impulse that can reach developing Y VWAP VAH around 68200. And the next swing down to ~61k will be for buying.
If first drop below 62320, that will lead to pullback with nearest target zone at 60600-61350 with wicks down to dev Y VWAP around 59500. If somehow price drop below that last value, surprise surprise - next will be the bottom of that wide range at 51-53k.
Week 20SMA at 62782 (correlates with June close). So if start trading below that will be another signal for potential correction.
Nearest liquidity pools:
above - 65006 / 65600 / 67250 / 70310
below - 63084 / 62200 / 61636 / 60724
Lines on the chart:
🔸61601 - July close
🔸62766 - June close
🔸60597 - D swing high
🔸58942 - August close
🔸57466 - D swing low
🔸55969 - prev. week low
🔸54840 - prev. week close
Trend: D ▶️ W ↘️ M ▶️
😐 F&G: 50 < 54 < 54 < 49 < 45