#Bitcoin dipped below the range which it started forming on May 15 - precisely one month ago with middle around ~69060 and top at ~72130. That move liquidated stops under 65800 which I indicated yesterday as a guaranteed target for bearish move ā
If the following days $BTC price close above range bottom, it will be a failed bearish swing with potential to return back to the middle, and potentially to the top. Only theoretically! So far looks like shit =)
If the following days price start trading below 66k, it will lead to further retracement to 64k / 63 and possible dips down to 59k (higher timeframe range bottom).
Nearest liquidity pools:
above - 67720 / 69195 / 70390
below - 64950 / 64270 / 63080
Lines on the chart:
šø72132 - May high
šø71363 - March close
šø69667 - week close
šø68540 - last week close
šø67577 - May close
šø66239 - week close
šø64025 - last April week close
#BTC trend: D ā¶ļø W š¼ M š¼
š¤ F&G: 74 < 74 < 70 < 72 < 74