📉 Bitcoin Daily Update 📈
The weekend spike was just noise—
$BTC finished the week where it closed on Friday. No major gaps appeared, except a small weekend FVG around 70k.
On lower timeframes, Bitcoin is moving sideways within a broader high-timeframe downtrend. The last four weekly red candles are losing momentum, suggesting a period of choppy consolidation for the next few months. During this phase, BTC might trade roughly between 63k and 74k.
Key Levels:
Upside: 69,470 / 70,000 / 71,555
Downside: 68,000 / 67,300 / 65,860
Currently, BTCUSDT Perpetual is at 68,866.9, down 2.09%.
In the short term, a revisit to 70k and a dip toward ~67.3k are both possible, though the order is uncertain. Larger liquidity clusters exist below 65,080 and above 70,940, making those zones better for bigger trades.
⏰ Alert Levels Set: Weekly/Monthly 20 SMA, 109,557, daily VWAP VAL/VAL2, 93,550, 90,593, 70,000, 67,500, 64,440
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