📉 Bitcoin Daily 📈

Stocks grown, Dollar Index didn't move, but $BTC ignored all that and just collapsed back to breakout level at ~57.7k. Frankly I expected it to grow a bit further before dump.

So what we have now... last week long buy tail still act as a magnet for price to be revisited in the nearest future, with approximate target zone around 53.5-54.6k - if that won't happen this week, then this PA moves to the next one. Before that is FVG at 56k and far below developing Year VAL at ~50.3k

For bullish moves main resistance again is around dev Y VWAP 59.5k and zone just above 61k - before we can talk bullishit, got to find acceptance above that level. So far we saw only rejections.

Nearest liquidity pools:

above - 60208 / 60944 / 61906 / 62472

below - 57662 / 57131 / 56541 / 54373

Lines on the chart:

🔸64601 - July close

🔸62766 - June close

🔸60650 - May open

🔸58218 - June low

🔸56537 - May low

🔸55830 - July 1st week close

🔸53329 - July low

Trend: D ▶️ W ▶️ M ▶️

🤑 F&G: 29 < 30 < 31 < 25 < 39

#Bitcoin #BTC