#Bitcoin finally returned back to the bottom of the range. No matter how often I've been repeating that scenario possibility, it caught me by surprise yesterday, as I was expecting it to happen on Monday.
So now that the move is done, what is left for the next week open? As I wrote before, stock indices closed Friday with a dump, looking heavy on week timeframe, which led me to an idea, that chances for correction are very high now. Maybe Monday will open with a short term dead cat bounce. If happen, that may push #BTC up to the middle of the channel around same 67k. Although it can get there within Sunday to avoid the gap (CME Friday close at 67445).
SMA20 on week timeframe is moving up and should be around 53-54k next week. That is the nearest target for deeper correction.
Nearest liquidity pools:
above - 68450 / 71550
below - 63350 / 61490 / 58200
SR levels to watch $BTC PA:
๐ธ73881 - ATH
๐ธ71363 - March close
๐ธ69362 - week close
๐ธ67260 - week close
๐ธ66400 - Nov'21 dump week high
๐ธ64300 - February high
๐ธ63178 - week close
๐ธ61203 - Feb'24 close
Trend: D โถ๏ธ W ๐ผ M ๐ผ
๐ค F&G: 72 < 72 < 79 < 76 < 78