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šŸ“‰ Bitcoin Daily šŸ“ˆ #Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week. Higher timeframe picture and conditions remain the same. Acceptance below 66k will lead to $BTC drop down to 63-64k and possible dips down to 59k (HTF range bottom). Last week close gives me bearish vibes - even if this week close above range middle chances to see those dips are close to "guaranteed". Nearest liquidity pools: above - 67260 / 67720 / 69195 / 70290 below - 65675 / 64885 / 64220 / 63080 Lines on the chart: šŸ”ø72132 - May high šŸ”ø71363 - March close šŸ”ø69667 - week close šŸ”ø68540 - week close (May) šŸ”ø67577 - May close šŸ”ø66653 - week close šŸ”ø64025 - last April week close #BTC Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼ šŸ¤‘ F&G: 71 < 71 < 74 < 74 < 70

šŸ“‰ Bitcoin Daily šŸ“ˆ

#Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week.

Higher timeframe picture and conditions remain the same. Acceptance below 66k will lead to $BTC drop down to 63-64k and possible dips down to 59k (HTF range bottom). Last week close gives me bearish vibes - even if this week close above range middle chances to see those dips are close to "guaranteed".

Nearest liquidity pools:

above - 67260 / 67720 / 69195 / 70290

below - 65675 / 64885 / 64220 / 63080

Lines on the chart:

šŸ”ø72132 - May high

šŸ”ø71363 - March close

šŸ”ø69667 - week close

šŸ”ø68540 - week close (May)

šŸ”ø67577 - May close

šŸ”ø66653 - week close

šŸ”ø64025 - last April week close

#BTC Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼

šŸ¤‘ F&G: 71 < 71 < 74 < 74 < 70

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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