๐ #Bitcoin Daily ๐
Not much changes since yesterday. The bottom of the nearest target zone reached โ This move can still expend a bit further during this weekend and get to the top of previously marked zone at ~63.3k (September close)
Below we have support zone under 61k, but as I described on example of week candle, momentum is bearish, so next week dips almost guaranteed. The only thing we can't foreseen now is the length of those dips. Most obvious zone is in between developing Year VWAP 59595 and August close 58942.
If $BTC get stuck under August close that may pull it lower. Day swing low at 57446 possess a lot of liquidity under it.
Developing year VAL grows towards ~51700-52500. All that for more bearish scenario than I can think of at the moment.
Nearest liquidity pools:
above - 62730 / 63290 / 64026 / 64533
below - 61574 / 60950 / 60611 / 60035
Lines on the chart:
๐ธ64601 - July close
๐ธ63309 - September close
๐ธ62766 - June close
๐ธ58942 - August close
๐ธ57446 - day swing fractal
๐ธ56000 - September buy tail EQ