#Bitcoin dropped back to the middle of the range. Sharp move with high volume generation. On its own it can give a bounce back to 68450-69360 zone within weekend.
Next week high chances for #BTC price to continue in the same direction towards the bottom of the range at ~61-63k, although it doesn't really has to happen on Monday. First move on week open may be in the opposite direction of where it ends. And since stock indices also dumped hard on Friday, they all may experience a "dead cat bounce" effect.
As pure technician I prefer to ignore news noise, but as I wrote yesterday, I couldn't avoid all the war moods flooding social media and the fact that stock Indices look heavy. Correlates with $BTC after-halving correction. So prefer to stay cautious.
Nearest liquidity pools:
above - 69600 / 70300 / 71500-71800
below - 65000 / 64500-63000 (wide range with not much volume concentrated anywhere specifically)
SR levels to watch PA:
๐ธ73881 - ATH
๐ธ71363 - March close
๐ธ69362 - week close
๐ธ67260 - week close
๐ธ66400 - Nov'21 dump week high
๐ธ64300 - February high
๐ธ63178 - week close
๐ธ61203 - Feb'24 close
Trend: D โถ๏ธ W ๐ผ M ๐ผ
๐ค F&G: 72 < 79 < 76 < 78 < 80