📉 #Bitcoin Daily 📈
Slow down in momentum of that first swing down. I believe there is a good chance for that bounce to reach 62.4-63.2k
If that zone will be the bounce top, chances for another dip under 59k stay valid. And until we see it live, hard to predict the distance price will travel. Theoretically can extend down to 56k. Afterall this week candle is pretty bearing, so lower timeframes can't stop that momentum completely. It will take another week or two to remove the effect.
Nevertheless so far $BTC remains within bullish structure. Don't forget about that. And even dips to 56k won't put a cross on that, unless price get stuck there on daily.
Nearest liquidity pools:
above - 61830 / 62630 / 63290 / 64533
below - 60413 / 60035 / 59605 / 58932
Lines on the chart:
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
🔸58942 - August close
🔸57446 - day swing fractal
🔸56000 - September buy tail EQ
😱 F&G: 41 < 37 < 42 < 50 < 61
