๐ #Bitcoin Daily ๐
Nearest BTC liquidity pool is under 61600 and support starts under 61000. Most probably will visit these zones on FOMC volatility (today at 18:00 UTC). First 2.5 hours of US session might be not trustworthy as markets will be waiting for Powell speech.
If $BTC drop below 59815 next will be 56000. If bounce higher, then good chances to continue reversal towards uptrend.
Reminder that overall chart structure is bullish and will stay that way until #BTC cross below 52511. All the dips above that value will form higher low. Higher high at 66450 - only after BTC grow above that value the lower move potential will move up as well.
Nearest liquidity pools:
above - 62575 / 63422 / 64786 / 65412
below - 61840 / 61600 / 60580 / 59617
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
Trend: D โถ๏ธ W โถ๏ธ M โถ๏ธ