#Bitcoin bounced and touched middle of resistance zone left from previous dip and re-test of range bottom. If manage to grow above 60651 (April close) and find acceptance there at4H TF, will go for re-test of 63k as well. If get stuck here and lose March low, then pull back to 58k with chances to lose Nov'21 close as well.
So far $BTC follows stocks and therefore we should focus on them in order to forecast where crypto is going. NDX/SPX now at the crossroads - its a good zone to continue high TF uptrend. But its also the last zone, so if lost, stock market will crash hard.
BTC has similar situation, and without stock market help looks heavy enough to continue lower towards 51-53k with possible dips under 50.5k to wipe out stops there.
Nearest liquidity pools:
above - 60013 / 61500 / 62535 / 65118 / 67420 (main)
below - 58000 / 57174 / 56400 / 55085 / 50570 (main)
SR levels to watch PA:
đž63088 - week close
đž60651 - April close
đž59150 - April low
đž56975 - Nov'21 close
đž53245 - Nov'21 low
đž50512 - Feb consolidation swing low
đž48200 - 2022 high
Trend: D đ» W đŒ M đŒ
đš F&G: 48< 43 < 54 < 67 < 67