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As forecasted, #Bitcoin first move was down ✅ All liquidity pools I've marked in yesterday review wiped out in one strong bearish day candle. Unfortunately for bulls, rejection from range middle most probably leads to return back to the bottom. And since price already been there multiple times (at least five) I wouldn't bet on another bounce, if it really gets there. Nevertheless, before the bottom will be touched we may expect $BTC to bounce back to 65250-65900. Same as NDX. And that bounce will be decisive. If it won't pump higher and get stuck there, that will confirm the bearishness of this chart, and all left to say will be "Sell in May, go away". Nearest liquidity pools: above - 65540 / 66770 / 67407 / 71600 (maximum liquidity) below - 63450 / 62642 / 61322 / 59563 SR levels to watch PA: 🔸73881 - ATH 🔸71363 - March close 🔸69362 - week close 🔸66555 - range middle 🔸64300 - February high 🔸63178 - week close 🔸61203 - Feb'24 close 🔸59112 - March low #BTC Trend: D ▶️ W 🔼 M 🔼 🤑 F&G: 72 < 72 < 71 < 73 < 66

As forecasted, #Bitcoin first move was down ✅ All liquidity pools I've marked in yesterday review wiped out in one strong bearish day candle. Unfortunately for bulls, rejection from range middle most probably leads to return back to the bottom. And since price already been there multiple times (at least five) I wouldn't bet on another bounce, if it really gets there.

Nevertheless, before the bottom will be touched we may expect $BTC to bounce back to 65250-65900. Same as NDX. And that bounce will be decisive. If it won't pump higher and get stuck there, that will confirm the bearishness of this chart, and all left to say will be "Sell in May, go away".

Nearest liquidity pools:

above - 65540 / 66770 / 67407 / 71600 (maximum liquidity)

below - 63450 / 62642 / 61322 / 59563

SR levels to watch PA:

🔸73881 - ATH

🔸71363 - March close

🔸69362 - week close

🔸66555 - range middle

🔸64300 - February high

🔸63178 - week close

🔸61203 - Feb'24 close

🔸59112 - March low

#BTC Trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 72 < 72 < 71 < 73 < 66

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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