$BTC collected liquidity <73k, but so far remains within downtrend on Daily (and lower timeframes). Lower High on Day TF at 81188, so while price is below that level, bearish market structure remains valid.
Weekly/Monthly 20EMA are high above at ~76400 and ~78170 respectively acting as a magnet when divergence is too large. May expect a bounce there.
Nearest 4H Lower High at 75548 (liquidity pool just above it), but impulse move there may start after crossing above 74824 (week open).
💡Today is bank holiday in USA - Veteran's Day. Bond market closed. That means that crypto might have a lower volume and easier to manipulate. Though that doesn't mean there will be a volatility day.
Biggest liquidity pool on the downside is around 62300. So if that dump won't stop around 69k, then 62k may be reached much faster than anyone can expect.
🎯 Nearest Key Levels
Above: 75760 / 76520 / 77750
Below: 68730/ 67810 / 62300
📉 High Timeframe Forecast: dump during Q4, as the Fed is expected to raise interest rates on December 8–9
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 84875.2, 81954, 81188, 73333, 68241
Weekly/Monthly 20EMA are high above at ~76400 and ~78170 respectively acting as a magnet when divergence is too large. May expect a bounce there.
Nearest 4H Lower High at 75548 (liquidity pool just above it), but impulse move there may start after crossing above 74824 (week open).
💡Today is bank holiday in USA - Veteran's Day. Bond market closed. That means that crypto might have a lower volume and easier to manipulate. Though that doesn't mean there will be a volatility day.
Biggest liquidity pool on the downside is around 62300. So if that dump won't stop around 69k, then 62k may be reached much faster than anyone can expect.
🎯 Nearest Key Levels
Above: 75760 / 76520 / 77750
Below: 68730/ 67810 / 62300
📉 High Timeframe Forecast: dump during Q4, as the Fed is expected to raise interest rates on December 8–9
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 84875.2, 81954, 81188, 73333, 68241
