š #Bitcoin Daily š
One and a half days till BTC week and month candles close. I won't write much today, cause everything I wanted to say I wrote yesterday and described in $BTC video review.
Shortly - week close promising and can lead to a bounce in 1-2 weeks time. Month candle close within the range (can be bearish engulfing) and leaves a chance for a dip next month. If will hunt for liquidity, then zone in between 50k and 53k can be the target.
So #BTC week and month charts don't support each other much. Pretty wide range of equally possible scenarios. Week close above ~60.6k will increase chances for a bounce from range bottom (the higher the better). Close below will keep bearish momentum. And don't forget about SPX/NDX that closed Friday bearish. Start of next week can be bloody.
Nearest liquidity pools:
above - 61430 / 62000 / 62800 / 63230
below - 59650-59800 / 58860 / 56850
Lines on the chart:
šø67577 - May close
šø63195 - week open
šø60651 - April close
šø59112 - March low
šø56537 - May low
šø53245 - Nov'21 low
Trend: D ā¬ļø W āļø M š¼
š± F&G: 30 < 47 < 40 < 46 < 30