Reminder that today is the last work day of February. Month candle close on Saturday. And if you check Monthly chart, you'll notice, that bearish momentum is still strong. Even if next months there will be a reversal, most probably BTC will revisit part of February buy tail length.
That makes me think that 64250 / 63500 zones are also realistic. But if next month market push prices up, we may also count on 70-74k re-test. So dips are interesting for buying. But within downtrend should be taken with caution.
Today's telegram alarm triggered for another re-test of developing Year VWAP VAL. Previously BTC made several attempts to find acceptance above that dynamic SR level, and failed. Twice in January and twice in February. Will that time be different? Share your opinion and forecast for March 🙏🏼
⏰ TG #Bitcoin alarms set for: D/W/M20sma, dev Y VWAP VAL/VAL2, 70939, 64250, 62401, 62000.
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