๐ Bitcoin Daily ๐
Just as I wrote multiple times - gaps always close. Its just a matter of time. This time it happened pretty fast. And there is a new gap on CME chart at 60240-60620. For Binance Futures the the lower value is equal to 59797, so that is the guaranteed target for revisit. That area also correlates with developing Year VWAP at 59501 - high chances to see bullish re-test of that dynamic SR. If dip lower, then next logical target will be stops under 59213 and cover the gap down to 58500. And these zones I mentioned
Above zones are for bullish re-test and bounce. If market decide to create another liquidation cascade, this time for longs, obviously $BTC can go lower, but that will be a different scenario, which I don't want to highlight until it becomes visible. Afterall developing week candle is extremely bullish.
Nearest liquidity pools:
above - 61638 / 62217 / 63054 / 64300
below - 60414 / 58354 / 57710 / 56423
Trend: D ๐ฝ W โถ๏ธ M โถ๏ธ
๐ค F&G: 48 < 20 < 29 < 17 < 26
