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As I write this, Dollar Index is falling below last week close. Stocks also dipped before that DXY move, so its kind of uncertain, but I feel bullish for #Bitcoin at this moment. If manage to hold above 61455 (last week close as well), will be able to grow for liquidity pool above and if it gets there, most probably will pump higher. On the other hand if $BTC close day below week close, will drop to April close at 59150. Maybe lower. But that zone remains a good one for the dips with bullish bias. Today PPI shown 0.5% instead of forecasted 0.2%. Bad result indicating growing inflation. In 45 minutes Powell's speech. Nearest liquidity pools: above - 63611 / 64890 / 65700 / 67370 below - 62210 / 60460 / 59800 / 58600 SR levels to watch BTC PA: ๐Ÿ”ธ65500 - week high ๐Ÿ”ธ64025 - week close ๐Ÿ”ธ63088 - last April week open ๐Ÿ”ธ61455 - week close ๐Ÿ”ธ60651 - April close ๐Ÿ”ธ59150 - April low ๐Ÿ”ธ56975 - Nov'21 close Trend: D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ ๐Ÿค‘ F&G: 66 < 57 < 56 < 53 < 66

As I write this, Dollar Index is falling below last week close. Stocks also dipped before that DXY move, so its kind of uncertain, but I feel bullish for #Bitcoin at this moment. If manage to hold above 61455 (last week close as well), will be able to grow for liquidity pool above and if it gets there, most probably will pump higher.

On the other hand if $BTC close day below week close, will drop to April close at 59150. Maybe lower. But that zone remains a good one for the dips with bullish bias.

Today PPI shown 0.5% instead of forecasted 0.2%. Bad result indicating growing inflation. In 45 minutes Powell's speech.

Nearest liquidity pools:

above - 63611 / 64890 / 65700 / 67370

below - 62210 / 60460 / 59800 / 58600

SR levels to watch BTC PA:

๐Ÿ”ธ65500 - week high

๐Ÿ”ธ64025 - week close

๐Ÿ”ธ63088 - last April week open

๐Ÿ”ธ61455 - week close

๐Ÿ”ธ60651 - April close

๐Ÿ”ธ59150 - April low

๐Ÿ”ธ56975 - Nov'21 close

Trend: D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ

๐Ÿค‘ F&G: 66 < 57 < 56 < 53 < 66

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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