#Bitcoin dipped to the middle of range and bounced. As you can see from week chart situation looks pretty different from what was yesterday. That is a reminder for you always keep in mind and monitor higher timeframes before going into panic š
Now we should watch how $BTC will react to clearing liquidity at ~71500-71900 - that is the nearest and most dense area which will either be used to realize profits from dips taken under 68k or as liquidity to push price even higher.
Dollar Index closed yesterday with strong bullish bounce from March open at 103.72 and looks bullish on Month, Week and Day timeframes, although it has left a wide gap at 4H. So even with short term pullback, it possess danger of pumping higher. Keep that in mind - #BTC bullishness has huge support from halving event, but still is under pressure from Dollar.
Nearest liquidity pools:
above - 71500-72000 / 73150
below - 69885 / 68600 / 67280
Nearest levels to watch PA:
šø73881 - ATH
šø71363 - March close
šø69362 - week close
šø67260 - week close
šø66400 - Nov'21 dump week high
šø64300 - February high
šø63178 - week close
šø61203 - Feb'24 close
Trend: 4H š¼ D ā¶ļø W š¼ M š¼
