đ Bitcoin Daily đ
Market structure is very choppy and mostly bearish on lower timeframes, leaving only Weekly within uptrend now. Bulls only hope is for Stocks Indices bounce that may push $BTC up as well.
In general chart looks prone for a dip towards August close at 78550. That move will fill September FVG, and re-test Monthly 20ema - both major magnets for price.
If that won't be enough, next zone of interest is around Weekly 20ema (~76960), which correlates with two smaller gaps from the same September 18th pump day.
đ If #Bitcoin goes up first, then the following levels ask for revisit:
* US Friday close at 81255
* Friday POC for all sessions at 81700
* LP around 82560
đŻ Nearest Key Levels
Above: 81170 / 82565 / 84970
Below: 78815 / 77000 / 74980
đ High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27â28 or later, on December 8â9
Market structure is very choppy and mostly bearish on lower timeframes, leaving only Weekly within uptrend now. Bulls only hope is for Stocks Indices bounce that may push $BTC up as well.
In general chart looks prone for a dip towards August close at 78550. That move will fill September FVG, and re-test Monthly 20ema - both major magnets for price.
If that won't be enough, next zone of interest is around Weekly 20ema (~76960), which correlates with two smaller gaps from the same September 18th pump day.
đ If #Bitcoin goes up first, then the following levels ask for revisit:
* US Friday close at 81255
* Friday POC for all sessions at 81700
* LP around 82560
đŻ Nearest Key Levels
Above: 81170 / 82565 / 84970
Below: 78815 / 77000 / 74980
đ High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27â28 or later, on December 8â9
