๐Ÿ“‰ Bitcoin Daily ๐Ÿ“ˆ

#BTC still within horizontal range, but look at how many times upper side was tested - I can count at least 5 attempts. That makes resistance at the top extremely weak and prone for breakout. Even if that will be a fake breakout ending up with a bull trap, I count on ~63500-63800 at least. Bullish scenario targets are 65.6 and 68-69k

Scenario for $BTC bull trap is return back to the bottom of the range at 57-58k. For deeper retracement middle of week buy tail around 53300-53500.

Today at 14:00 UTC Powell's speech. Fireworks time.

Nearest liquidity pools:

above - 61860 / 61850 / 62491 / 63200

below - 60050 / 59600 / 58775 / 58135

Lines on the chart:

๐Ÿ”ธ64601 - July close

๐Ÿ”ธ62766 - June close

๐Ÿ”ธ60650 - May open

๐Ÿ”ธ58218 - June low

๐Ÿ”ธ56537 - May low

๐Ÿ”ธ55969 - last week low

๐Ÿ”ธ53329 - July low

#Bitcoin Trend: D โ–ถ๏ธ W โ–ถ๏ธ M โ–ถ๏ธ

๐Ÿค‘ F&G: 34 < 39 < 26 < 30 < 28