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#Bitcoin almost cleared the lowest liquidity zone I've marked out yesterday and bounced 👌🏼 That price action correlated with Nasdaq move, although the last one looks slightly better than $BTC now. And Dollar Index closed yesterday with breakout from rising wedge (mostly caused by EUR dump). So what does it tells us? It says that market is in unpredictable state. Stocks and BTC move sideway in choppy range, while DXY constantly giving hints on its bullishness, while not totally killing the market, as its bullishness is mostly connected with other fiat currencies weakness. Now #BTC under March close which act as SR. Breakout will lead to another re-test of range top. And for no special reason I feal that we should see that happen. And ~69850 act as support that divide chart between that top re-test and drop back to the bottom. So short term bullish while above, yet we may see more choppiness even within this narrow range. Nearest liquidity pools: above - 71500-71800 / 73150 below - 70330 / 69515 / 68600 SR levels to watch PA: 🔸73881 - ATH 🔸71363 - March close 🔸69362 - week close 🔸67260 - week close 🔸66400 - Nov'21 dump week high 🔸64300 - February high 🔸63178 - week close 🔸61203 - Feb'24 close Trend: 4H 🔼 D ▶️ W 🔼 M 🔼 🤑 F&G: 79 < 76 < 78 < 80 < 76

#Bitcoin almost cleared the lowest liquidity zone I've marked out yesterday and bounced 👌🏼

That price action correlated with Nasdaq move, although the last one looks slightly better than $BTC now. And Dollar Index closed yesterday with breakout from rising wedge (mostly caused by EUR dump). So what does it tells us? It says that market is in unpredictable state. Stocks and BTC move sideway in choppy range, while DXY constantly giving hints on its bullishness, while not totally killing the market, as its bullishness is mostly connected with other fiat currencies weakness.

Now #BTC under March close which act as SR. Breakout will lead to another re-test of range top. And for no special reason I feal that we should see that happen. And ~69850 act as support that divide chart between that top re-test and drop back to the bottom. So short term bullish while above, yet we may see more choppiness even within this narrow range.

Nearest liquidity pools:

above - 71500-71800 / 73150

below - 70330 / 69515 / 68600

SR levels to watch PA:

🔸73881 - ATH

🔸71363 - March close

🔸69362 - week close

🔸67260 - week close

🔸66400 - Nov'21 dump week high

🔸64300 - February high

🔸63178 - week close

🔸61203 - Feb'24 close

Trend: 4H 🔼 D ▶️ W 🔼 M 🔼

🤑 F&G: 79 < 76 < 78 < 80 < 76

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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