📉 $BITCOIN Daily Update 📈
The weekend spike was temporary—
$BTC finished the week near Friday’s close. No significant gaps appeared, except a minor weekend FVG around 70k.
On the lower timeframes,
$BTC is consolidating sideways within a larger high-timeframe downtrend. Four consecutive red weekly candles are losing strength, suggesting a period of choppy consolidation over the next couple of months. During this phase, BTC could trade roughly between 63k and 74k.
🎯 Key Levels:
Upside: 69,470 / 70,000 / 71,555
Downside: 68,000 / 67,300 / 65,860
Current
#BTCUSDT perp price: 68,874.3 (-2%)
Short-term moves could see a revisit of 70k or a dip toward ~67.3k, though the sequence is uncertain. Major liquidity zones lie below 65,080 and above 70,940, which are more suitable for larger trades.
⏰ Alerts set for: Weekly/Monthly 20 SMA, 109,557, daily
#VWAP VAL/VAL2, 93,550, 90,593, 70,000, 67,500, 64,440