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#Bitcoin dipped to the middle of range and bounced. As you can see from week chart situation looks pretty different from what was yesterday. That is a reminder for you always keep in mind and monitor higher timeframes before going into panic ๐Ÿ˜Ž Now we should watch how $BTC will react to clearing liquidity at ~71500-71900 - that is the nearest and most dense area which will either be used to realize profits from dips taken under 68k or as liquidity to push price even higher. Dollar Index closed yesterday with strong bullish bounce from March open at 103.72 and looks bullish on Month, Week and Day timeframes, although it has left a wide gap at 4H. So even with short term pullback, it possess danger of pumping higher. Keep that in mind - #BTC bullishness has huge support from halving event, but still is under pressure from Dollar. Nearest liquidity pools: above - 71500-72000 / 73150 below - 69885 / 68600 / 67280 Nearest levels to watch PA: ๐Ÿ”ธ73881 - ATH ๐Ÿ”ธ71363 - March close ๐Ÿ”ธ69362 - week close ๐Ÿ”ธ67260 - week close ๐Ÿ”ธ66400 - Nov'21 dump week high ๐Ÿ”ธ64300 - February high ๐Ÿ”ธ63178 - week close ๐Ÿ”ธ61203 - Feb'24 close Trend: 4H ๐Ÿ”ผ D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ

#Bitcoin dipped to the middle of range and bounced. As you can see from week chart situation looks pretty different from what was yesterday. That is a reminder for you always keep in mind and monitor higher timeframes before going into panic ๐Ÿ˜Ž

Now we should watch how $BTC will react to clearing liquidity at ~71500-71900 - that is the nearest and most dense area which will either be used to realize profits from dips taken under 68k or as liquidity to push price even higher.

Dollar Index closed yesterday with strong bullish bounce from March open at 103.72 and looks bullish on Month, Week and Day timeframes, although it has left a wide gap at 4H. So even with short term pullback, it possess danger of pumping higher. Keep that in mind - #BTC bullishness has huge support from halving event, but still is under pressure from Dollar.

Nearest liquidity pools:

above - 71500-72000 / 73150

below - 69885 / 68600 / 67280

Nearest levels to watch PA:

๐Ÿ”ธ73881 - ATH

๐Ÿ”ธ71363 - March close

๐Ÿ”ธ69362 - week close

๐Ÿ”ธ67260 - week close

๐Ÿ”ธ66400 - Nov'21 dump week high

๐Ÿ”ธ64300 - February high

๐Ÿ”ธ63178 - week close

๐Ÿ”ธ61203 - Feb'24 close

Trend: 4H ๐Ÿ”ผ D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ

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