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Since #Bitcoin price stays within yesterday's review, it stays valid. The only thing that changed is that there was a small pump and dump, which adds a new almost guaranteed price action scenario - if $BTC will be pushed above yesterday's high mostly guaranteed it will pump to the top of this channel (which was the plan from the beginning). The rest depends on price reaction there. From week perspective its yet too early to expect #BTC to pump higher. I'd give it one more week at least to chop everyone out. But if I'm wrong it should really pump high as there will be either exponential growth, or none at all. Nearest levels to watch PA: šŸ”ø73881 - ATH šŸ”ø68448 - week close šŸ”ø66400 - Nov'21 dump week high šŸ”ø64300 - February high šŸ”ø63178 - week close šŸ”ø61203 - Feb'24 close Trend: 4H šŸ”¼ D ā–¶ļø W šŸ”¼ M šŸ”¼ šŸ¤‘ F&G: 80 < 83 < 81 < 75 < 73

Since #Bitcoin price stays within yesterday's review, it stays valid.

The only thing that changed is that there was a small pump and dump, which adds a new almost guaranteed price action scenario - if $BTC will be pushed above yesterday's high mostly guaranteed it will pump to the top of this channel (which was the plan from the beginning). The rest depends on price reaction there.

From week perspective its yet too early to expect #BTC to pump higher. I'd give it one more week at least to chop everyone out. But if I'm wrong it should really pump high as there will be either exponential growth, or none at all.

Nearest levels to watch PA:

šŸ”ø73881 - ATH

šŸ”ø68448 - week close

šŸ”ø66400 - Nov'21 dump week high

šŸ”ø64300 - February high

šŸ”ø63178 - week close

šŸ”ø61203 - Feb'24 close

Trend: 4H šŸ”¼ D ā–¶ļø W šŸ”¼ M šŸ”¼

šŸ¤‘ F&G: 80 < 83 < 81 < 75 < 73

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šŸ“‰ Bitcoin Daily šŸ“ˆ #Bitcoin absorbed liquidity above 69k and got rejected - so my forecast for first move up came true āœ… I wrote about 4H close above 68524 as bullish condition, but when it comes to "shooting star" candles, that condition doesn't work. Such candles should be taken with caution in any case. They indicate that sell wall got filled by stops and breakout longs, and there bulls ran out of steam, unable to push price higher. Yesterday I wrote that Day 20SMA will act like a magnet to $BTC price, asking for a dip below it. This idea remains valid. Maybe will see it today, although after the bounce, now DXY is heading down to W/M 20SMAs and April open, so again, short term crypto isn't pushed down by Dollar. Later today at 12:30 UTC PCE price index in US may cause some volatility. So in about 3 hours we will have a more clear picture. Fast dip to Day 20SMA with long tailed high volume close will be bullish. Close below same moving average will be less promising and may lead to retracement towards liquidity around 64k. Month 20SMA is growing towards ~61.5k and that is another mid term magnet for the price. Nearest liquidity pools: above - 71155 / 71944 / 72990 / 74136 below - 667511 / 65860 / 64262 / 63090 SR levels to watch #BTC PA: šŸ”ø73881 - ATH šŸ”ø71363 - March close šŸ”ø70393 - last W VAH šŸ”ø68540 - week close šŸ”ø67750 - week high / last W VAL šŸ”ø66239 - last week open Trend: D šŸ”¼ W šŸ”¼ M šŸ”¼ šŸ¤‘ F&G: 73 < 73 < 72 < 72 < 74
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