📉 #Bitcoin Daily 📈

First condition for being a little bit more bullish completed 🥳

But its a bit early to claim full scale bulls victory. At this moment $BTC only does bearish re-test of breakdown level, which previously was the bottom of the range. And you can clearly see that at week timeframe.

Now #BTC got to re-test 56.5-58k zone - bounce from there will make further upwards progress easier for the next week. Drop below 55k will return price to stop hunting, where nearest target will be last week low at ~53330 - how far will be the wick of that move go, hard to forecast, but I think 50.7-52.3k order block can be next.

Nearest liquidity pools:

above - 59536 / 60555 / 60960

below - 57230 / 56820 / 56145

Lines on the chart:

🔸58218 - June low

🔸56537 - May low

🔸53245 - Nov'21 low

🔸51760 - Feb W close

🔸50512 - Feb W swing low

🔸48200 - 2022 high

Trend: D ⬇️ W ⬇️ M ▶️

😱 F&G: 28 < 27 < 28 < 29 < 26