๐ Bitcoin Daily ๐
Nothing really changed except for one failed attempt to grow higher. Chart remains within bullish consolidation.
Stops under 85080 is the nearest liquidity hunt target. That low will be wiped out in any case, regardless of what happens next (long buy tail and bounce or breakdown). Alarm set for 84700.
Alternatively $BTC may hunt for FVG around 86600 first. But bigger upside liquidity is now above 87250.
Longs make sense on the dip < 84700 followed by a strong bullish reaction. Without it impossible to place stop, as potentially BTC may re-test BOS zone at 82.8k as well.
๐ฏ Nearest Key Levels
Above: 86500 / 87300 / 89000
Below: 84700 / 83130 / 82280
High Timeframe Forecast:
๐ August breakout and the following consolidation formed a bull flag - target for another bullish impulse is flagpole length which draws approximate zone 96-102k
๐ Expect dump within Forth Quarter as Fed's are expected to rise Interest Rates either on October 27โ28, or later on December 8โ9.
โฐ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 84700, 82828, 73653, 68241
Nothing really changed except for one failed attempt to grow higher. Chart remains within bullish consolidation.
Stops under 85080 is the nearest liquidity hunt target. That low will be wiped out in any case, regardless of what happens next (long buy tail and bounce or breakdown). Alarm set for 84700.
Alternatively $BTC may hunt for FVG around 86600 first. But bigger upside liquidity is now above 87250.
Longs make sense on the dip < 84700 followed by a strong bullish reaction. Without it impossible to place stop, as potentially BTC may re-test BOS zone at 82.8k as well.
๐ฏ Nearest Key Levels
Above: 86500 / 87300 / 89000
Below: 84700 / 83130 / 82280
High Timeframe Forecast:
๐ August breakout and the following consolidation formed a bull flag - target for another bullish impulse is flagpole length which draws approximate zone 96-102k
๐ Expect dump within Forth Quarter as Fed's are expected to rise Interest Rates either on October 27โ28, or later on December 8โ9.
โฐ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 84700, 82828, 73653, 68241
