š #Bitcoin Daily š
$BTC closed week and month at 62766. That was far above my condition (>60.6k) for bounce, and week candle formed long legged bullish doji. Good enough to be relatively bullish for the upcoming week. Which doesn't deny chances for a dip within last week buy tail, so I think we may count on revisit of ~60500-61700 zone - the less it dips the higher it will bounce. Most bullish scenario would be dip to 61.7k and bounce to 65.5k within same week.
Bearish scenario with hunt for liquidity in between 50k and 53k is pretty distant at this moment. To get invalidated BTC has to find acceptance above ~65k
Short term may expect #BTC to drop back to Q2 VAL around 61.9k
P.S. Also there is a CME gap at timeframes below 4H - approximately 60190-62085 at 1H (or higher 61155 at 4H)
Nearest liquidity pools:
above - 64095 / 64940 / 66745 / 67550
below - 62200 / 60620 / 59800 / 58400
Lines on the chart:
šø67577 - May close
šø63195 - week open
šø62677 - June close
šø60651 - April close
šø59112 - March low
šø56537 - May low
šø53245 - Nov'21 low
Trend: D ā¬ļø W āļø M š¼
š± F&G: 53 < 47 < 30 < 47 < 40