📉 Bitcoin Daily 📈
$BTC managed to grow back above August close, but morning 4H candle closed with bearish doji. It has cleared orders around developing year VWAP which lead to the following assumption.
If US market wake up and push price up, we will see a strong impulse hunting for liquidity above 61145 and most probably covering gap and order block around 61800.
If US market follow August tradition of dumping BTC, then it is back to exploring lower levels. BUT that leaves the gap above unclosed and therefore we should expect price to return back there later. One way or another BTC will visit that zone. The only question is sequence of moves.
Nearest liquidity pools:
above - 58845 / 59637 / 61531 / 62275
below - 56982 / 55875 / 54382 / 49585
Lines on the chart:
🔸64601 - July close
🔸62766 - June close
🔸58942 - August close
🔸55969 - week low (liquidity under)
🔸53329 - July low
🔸48888 - August low
Trend: D 🔽 W ↘️ M ▶️
😱 F&G: 26 < 26 < 26 < 29 < 34
