๐ #Bitcoin Daily ๐
Bitcoin broke above upper trendline โ My bullish feelings were correct. Day timeframe so far supports bullish vibes and until it shows any clear rejection I will follow it.
Short term expect pull back to the same trendline for bullish re-test. Maybe wick to 69300-69700 zone. Longer term #BTC stays within bullish momentum and so nearest target is liquidity above 71980.
Bearish scenario which is not yet visible, but worth keeping in mind - $BTC hunt for stops/liquidations at 63-64k.
Nearest liquidity pools:
above - 71980 / 71950 / 72795
below - 68485 / 66566 / 65640 / 64244
Lines on the chart:
๐ธ73881 - ATH
๐ธ71363 - March close
๐ธ70393 - last W VAH
๐ธ68540 - week close
๐ธ67750 - week high / last W VAL
๐ธ66239 - last week open
๐ธ64025 - last April week close
Trend: D ๐ผ W ๐ผ M ๐ผ
๐ค F&G: 75 < 73 < 73 < 73 < 72