#Bitcoin almost cleared the lowest liquidity zone I've marked out yesterday and bounced šš¼
That price action correlated with Nasdaq move, although the last one looks slightly better than $BTC now. And Dollar Index closed yesterday with breakout from rising wedge (mostly caused by EUR dump). So what does it tells us? It says that market is in unpredictable state. Stocks and BTC move sideway in choppy range, while DXY constantly giving hints on its bullishness, while not totally killing the market, as its bullishness is mostly connected with other fiat currencies weakness.
Now #BTC under March close which act as SR. Breakout will lead to another re-test of range top. And for no special reason I feal that we should see that happen. And ~69850 act as support that divide chart between that top re-test and drop back to the bottom. So short term bullish while above, yet we may see more choppiness even within this narrow range.
Nearest liquidity pools:
above - 71500-71800 / 73150
below - 70330 / 69515 / 68600
SR 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
š¤ F&G: 79 < 76 < 78 < 80 < 76