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#Bitcoin moves in the direction for the dips šŸ˜Ž The main thing to watch here is what will be the price reaction to that 61-60k. Wicks into that zone and fast return back up will be bullish re-test. But if price get stuck there, most probably will drop lower. Nearest $BTC liquidity pools: above - 64873 / 65900 / 67420 (main) / 71600 below - 62600 / 61720 / 60950 / 58180 / 56760 SR levels to watch PA: šŸ”ø66025 - week close šŸ”ø63088 - week close šŸ”ø60651 - April close šŸ”ø59150 - April low šŸ”ø56975 - Nov'21 close Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼ šŸ¤‘ F&G: 64 < 68 < 71 < 67 < 48

#Bitcoin moves in the direction for the dips šŸ˜Ž The main thing to watch here is what will be the price reaction to that 61-60k. Wicks into that zone and fast return back up will be bullish re-test. But if price get stuck there, most probably will drop lower.

Nearest $BTC liquidity pools:

above - 64873 / 65900 / 67420 (main) / 71600

below - 62600 / 61720 / 60950 / 58180 / 56760

SR levels to watch PA:

šŸ”ø66025 - week close

šŸ”ø63088 - week close

šŸ”ø60651 - April close

šŸ”ø59150 - April low

šŸ”ø56975 - Nov'21 close

Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼

šŸ¤‘ F&G: 64 < 68 < 71 < 67 < 48

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#Bitcoin remained above 61455 (last week close), which was my condition to stay bullish. But today US inflation rates and another Powell speech, so more volatility expected. I've marked out the high volume candle - I believe it will play important role in future PA, depending on where price will settle after today's economic news. Nearest liquidity pools: above - 63500 / 64890 / 65560 / 67370 below - 60430 / 59800 / 58600 / 58030 SR levels to watch $BTC PA: šŸ”ø65500 - week high šŸ”ø64025 - week close šŸ”ø63088 - last April week open šŸ”ø61455 - week close šŸ”ø60651 - April close šŸ”ø59150 - April low šŸ”ø56975 - Nov'21 close Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼ šŸ¤‘ F&G: 64 < 66 < 57 < 56 < 53
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As I write this, Dollar Index is falling below last week close. Stocks also dipped before that DXY move, so its kind of uncertain, but I feel bullish for #Bitcoin at this moment. If manage to hold above 61455 (last week close as well), will be able to grow for liquidity pool above and if it gets there, most probably will pump higher. On the other hand if $BTC close day below week close, will drop to April close at 59150. Maybe lower. But that zone remains a good one for the dips with bullish bias. Today PPI shown 0.5% instead of forecasted 0.2%. Bad result indicating growing inflation. In 45 minutes Powell's speech. Nearest liquidity pools: above - 63611 / 64890 / 65700 / 67370 below - 62210 / 60460 / 59800 / 58600 SR levels to watch BTC PA: šŸ”ø65500 - week high šŸ”ø64025 - week close šŸ”ø63088 - last April week open šŸ”ø61455 - week close šŸ”ø60651 - April close šŸ”ø59150 - April low šŸ”ø56975 - Nov'21 close Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼ šŸ¤‘ F&G: 66 < 57 < 56 < 53 < 66
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