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#Bitcoin finally dipped below Daily 20SMA ā Hope you followed my idea and didn't get in FOMO on BTC fake pump moves.
That dip gave nice volume and we can even see a buy tail under that 4H upclose candle (potential SFP). All lower timeframe SMAs are meeting here around 67750. That means that either $BTC will pump through developing month VAH, or make another dip below Day 20SMA which will lead to further correction. I forecasted what was visible, but now, on its own, BTC chart doesn't give any certainty for any of scenarios.
Some bullishness can be taken from S&P500 chart which closed Friday with bullish 4H/D candle. So that gives some bullish vibes for the next week, and crypto might pick it up already during this weekend.
Since I'm not trading these days I don't plan to take part in weekend PA. But I leave limit orders to buy #BTC in case it dip to 63-64k. I believe that entry will be at least lossless (with DCA under 60k). And in perspective can give nice profits.
Nearest liquidity pools:
above - 68178 / 69055 / 71155 / 71944
below - 67137 / 66424 / 65700 / 64262
Lines on the chart:
šø73881 - ATH
šø71363 - March close
šø70393 - last W VAH
šø68540 - week close
šø67750 - week high / last W VAL
šø66239 - last week open
šø64025 - last April week close
Trend: D ā¶ļø W š¼ M š¼
š¤ F&G: 72 < 73 < 73 < 72 < 72