📉 Bitcoin Daily 📈
If you followed my Saturday review this $BTC drop 94-95k didn't surprise you 👍 Almost sure we will see it at Day 20sma as well (today it is at 94135). And that will be a bullish bounce zone.
December closed bullish, but at the same time long body candle like that leaves a wide range for potential wicks down. So if above bullish bounce zone won't work, anything is possible (down to 75k). Not yet planning my trades based on that deep correction scenario, but keep that in mind not to ger too attached to longs, as they will suffer.
#BTC dominance been dumping for 2 weeks in a row. It was a great period for alts, as BTC was either growing or stable, so everything pumped. As I wrote before BTC.D worth keeping an eye on to catch the dead cat bounce (to take profit from longs) and then catch rejection on that bounce (to load alts again). No confirmation yet, but I fee l the dead cat bounce is coming soon.
Levels of interest for future dips:
* 94122 - developing Daily 20sma
* 85740 - developing Year VWAP VAH2
* 77200-80260 - CME Futures gap
Nearest liquidity pools:
above - 96300 / 97310 / 98555 / 99255
below - 94550 / 93890 / 92940 / 91520
Lines on the chart:
🔸97960 - week open
🔸96475 - November close
🔸93421 - Nov 2nd week high
🔸89900 - previous week close
🔸85740 - dev Year VWAP VAH2
