📉 #Bitcoin Daily 📈

S&P500 and Nasdaq did new ATH yesterday 🚀 Dollar Index dumped. And what crypto does while global market favors bullishness? Just continues to fall lower and lower. Today Bitcoin wiped out stops under June low 💩

Its just the beginning of July, so I won't try to forecast where it will be closed, but the way #BTC PA develops I see nothing unreal for price to get to November'21 low at 53245 (which is almost in the middle of Month FVG). Even if it will be a quick dip.

Shorter term PA conditions:

- Day close above 58218 can give a chance for earlier bounce (maybe just a dead cat bounce back to 60k)

- Day close as it looks now will be bearish enough to continue momentum towards 57k and May low at 56537

Until $BTC forms at least one Daily green candle I won't be talking about any bullishness. Enough of low timeframe choppiness and attempts to catch that reversal.

Nearest liquidity pools:

above - 60812 / 61583 / 62245 / 64150

below - 56850 / 55620 / 52960 / 50690

Lines on the chart:

🔸62766 - June close

🔸60651 - April close

🔸59112 - March low

🔸58218 - June low

🔸56537 - May low

🔸53245 - Nov'21 low

Trend: D ⬇️ W ▶️ M 🔼

😱 F&G: 44 < 50 < 51 < 53 < 47