๐ Bitcoin Daily ๐
#Bitcoin cleared liquidity above second liquidity pool at 62440 โ Got rejected from developing quarter VWAP VAL. Now price most probably will move towards 60650-60150 zone. The rest depends on price action there.
Situation remains the same and requires patience. Day candle closed bullish, but to confirm that potential for reversal, $BTC got to stay/close above 60k during the following days as well.
Week close above ~60622 - 59600 will increase chances for a bounce from range bottom. Close below will keep momentum to dip lower. That is the only thing we can say now for sure.
Nearest liquidity pools:
above - 62540 / 63260 / 64920 / 66560
below - 60980 / 60630 / 59440 / 56850
Lines on the chart:
๐ธ67577 - May close
๐ธ63195 - week open
๐ธ60651 - April close
๐ธ59112 - March low
๐ธ56537 - May low
๐ธ53245 - Nov'21 low
#BTC Trend: D ๐ฝ W ๐ผ M ๐ผ
๐ค F&G: 46 < 30 < 51 < 53 < 63