On the daily timeframe, the price action of $BTC has successfully played out the pattern level and taken out its sell-side liquidity level, which was marked at $56,611 . The price action has broken down the neckline of its compression level and is currently retesting below the level
PREDICTED DAILY RANGE $52,035 to $52,247
On the daily timeframe, the price action has left an FVG (Fair Value Gap) and another sell-side liquidity level ,which will be squeezed out. This could lead to a potential downward movement before any significant upward trend resumes . #BTC☀ #UpdateAlert #CryptoNewss #Write2Earn!