๐ Bitcoin Daily ๐
I was sure this week we will see 100k and only after $BTC would start correction, but as price action evolves, I start to doubt about that. In theory last week's high remains valid target for stop hunting and, in most cases, BTC didn't go down without clearing such an attractive point. But in fact Monday closed with long red candle and Tuesday already wicked up for re-test of developing VWAP VAHs, so short term main direction is down to search for more liquidity there.
The closer to month end, the less chances to see #BTC at 100k in November. But with all that developing month candle remains very bullish, so higher timeframe momentum still can push BTC above 100k in December or January.
Before that next nearest zone with high volume to support #Bitcoin is around 91500 and if it won't hold next will be developing Year VWAP VAH2 growing towards ~86k
Levels of interest for future dips:
* 84800 - developing Year VWAP VAH2
* 77200-80260 - CME Futures gap
Nearest liquidity pools:
above - 95784 / 96777 / 97861 / 98674
below - 91810 / 90990 / 88680 / 87720