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#Bitcoin dipped to the middle of range and bounced. As you can see from week chart situation looks pretty different from what was yesterday. That is a reminder for you always keep in mind and monitor higher timeframes before going into panic šŸ˜Ž Now we should watch how $BTC will react to clearing liquidity at ~71500-71900 - that is the nearest and most dense area which will either be used to realize profits from dips taken under 68k or as liquidity to push price even higher. Dollar Index closed yesterday with strong bullish bounce from March open at 103.72 and looks bullish on Month, Week and Day timeframes, although it has left a wide gap at 4H. So even with short term pullback, it possess danger of pumping higher. Keep that in mind - #BTC bullishness has huge support from halving event, but still is under pressure from Dollar. Nearest liquidity pools: above - 71500-72000 / 73150 below - 69885 / 68600 / 67280 Nearest levels to watch PA: šŸ”ø73881 - ATH šŸ”ø71363 - March close šŸ”ø69362 - week close šŸ”ø67260 - week close šŸ”ø66400 - Nov'21 dump week high šŸ”ø64300 - February high šŸ”ø63178 - week close šŸ”ø61203 - Feb'24 close Trend: 4H šŸ”¼ D ā–¶ļø W šŸ”¼ M šŸ”¼

#Bitcoin dipped to the middle of range and bounced. As you can see from week chart situation looks pretty different from what was yesterday. That is a reminder for you always keep in mind and monitor higher timeframes before going into panic šŸ˜Ž

Now we should watch how $BTC will react to clearing liquidity at ~71500-71900 - that is the nearest and most dense area which will either be used to realize profits from dips taken under 68k or as liquidity to push price even higher.

Dollar Index closed yesterday with strong bullish bounce from March open at 103.72 and looks bullish on Month, Week and Day timeframes, although it has left a wide gap at 4H. So even with short term pullback, it possess danger of pumping higher. Keep that in mind - #BTC bullishness has huge support from halving event, but still is under pressure from Dollar.

Nearest liquidity pools:

above - 71500-72000 / 73150

below - 69885 / 68600 / 67280

Nearest levels to watch PA:

šŸ”ø73881 - ATH

šŸ”ø71363 - March close

šŸ”ø69362 - week close

šŸ”ø67260 - week close

šŸ”ø66400 - Nov'21 dump week high

šŸ”ø64300 - February high

šŸ”ø63178 - week close

šŸ”ø61203 - Feb'24 close

Trend: 4H šŸ”¼ D ā–¶ļø W šŸ”¼ M šŸ”¼

Disclaimer: Includes third-party opinions. No financial advice.Ā See T&Cs.
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