📉 Bitcoin Daily 📈 I expected $BTC to bounce to | Wise Analyze on Binance Square

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📉 Bitcoin Daily 📈

I expected $BTC to bounce to 64.1-64.7k, but the fact that it made that move while stock indices were dumping amazes me - unbelievable bullishness for the most bearish and risky asset.

Nevertheless now it seems that BTC is getting ready to pull back to Daily 20ema and FVG under it around 63680.

🎯 Nearest Key Levels
Above: 64690 / 65700 / 66440
Below: 63760 / 63100 / 62230

If stay bullish may cover second nearest key zone at ~64.7k, but as I wrote earlier, downtrend stays strong at least till BTC grows above 67k

⏳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/M20ema, 69000, 67255, 66400, 64695, 60800

Wise Analyze

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📉 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

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.