๐ #Bitcoin Daily ๐
Bitcoin shows maximum choppiness. Don't know if intraday analysis make sense here. From week timeframe point of view there is nothing to do in crypto till $BTC reach bottom of the range which can be anywhere in between 58k and 61500. Everything else is intraday trading with high risk to get chopped out. Please understand me correct - I am not against intraday trading, but its impossible to post updates for it.
Anyway. I gave you idea about higher timeframe perspective. Short term we have two zones of interest - above is developing May VAL around 65200, and below is May POC and developing quarter VAL around 62400-63000. Don't try to trade #BTC in between of these levels.
Nearest liquidity pools:
above - 64910 / 65350 / 66570 / 67400
below - 62680 / 60480 / 58720 / 556850
Lines on the chart:
๐ธ72132 - May high
๐ธ71363 - March close
๐ธ69667 - week close
๐ธ68540 - week close (May)
๐ธ67577 - May close
๐ธ66653 - week close
๐ธ64025 - last April week close
Trend: D ๐ฝ W ๐ผ M ๐ผ
๐ค F&G: 63 < 64 < 74 < 71 < 71