📉 #Bitcoin Daily 📈

Bitcoin dipped into the nearest liquidity pool I marked yesterday and same move was a trendline re-test. Chances for revisit of daily 20sma stay high, although at current stage $BTC remains within uptrend and current lower timeframe structure reminds of bull flag consolidation. But since bull flag is basically a range, we may expect #BTC to swing within that narrow range for some time before breaking in one of directions.

All major economic events (CPI, Inflation rates and FOMC) will take place on Wednesday (June 12th), so till then market will be in cautious mode, preparing for higher volatility.

Nearest liquidity pools:

above - 71940 / 72342 / 72990 / 74136

below - 70670 / 69540 / 68470 / 67800

Lines on the chart:

🔸73881 - ATH

🔸71363 - March close

🔸70393 - last W VAH

🔸68540 - week close

🔸67577 - May close

🔸66239 - last week open

🔸64025 - last April week close

Trend: D 🔼 W 🔼 M 🔼

🤑 F&G: 77 < 78 < 75 < 73 < 73