๐ Bitcoin Daily ๐
#Bitcoin wiped out nearest liquidity pool and got rejected from the top of the range, which led to losing upper trendline as well. Dipped under Day 20SMA, which I foreseen as high possibility โ
$BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone.
Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move.
Return to bullish vibes comes with #BTC acceptance above 70750
๐กCPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.
Nearest liquidity pools:
above - 72355 / 72990 / 74100
below - 68400 / 67800 / 65830
Lines on the chart:
๐ธ73881 - ATH
๐ธ71363 - March close
๐ธ70393 - last W VAH
๐ธ68540 - week close
๐ธ67577 - May close
๐ธ66239 - last week open
๐ธ64025 - last April week close
Trend: D ๐ผ W ๐ผ M ๐ผ
๐ค F&G: 72 < 77 < 78 < 75 < 73