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📉 Bitcoin Daily 📈 #Bitcoin wiped out nearest liquidity pool and got rejected from the top of the range, which led to losing upper trendline as well. Dipped under Day 20SMA, which I foreseen as high possibility ✅ $BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone. Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move. Return to bullish vibes comes with #BTC acceptance above 70750 💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there. {future}(BTCUSDT) Nearest liquidity pools: above - 72355 / 72990 / 74100 below - 68400 / 67800 / 65830 Lines on the chart: 🔸73881 - ATH 🔸71363 - March close 🔸70393 - last W VAH 🔸68540 - week close 🔸67577 - May close 🔸66239 - last week open 🔸64025 - last April week close Trend: D 🔼 W 🔼 M 🔼 🤑 F&G: 72 < 77 < 78 < 75 < 73

📉 Bitcoin Daily 📈

#Bitcoin wiped out nearest liquidity pool and got rejected from the top of the range, which led to losing upper trendline as well. Dipped under Day 20SMA, which I foreseen as high possibility ✅

$BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone.

Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move.

Return to bullish vibes comes with #BTC acceptance above 70750

💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.

Nearest liquidity pools:

above - 72355 / 72990 / 74100

below - 68400 / 67800 / 65830

Lines on the chart:

🔸73881 - ATH

🔸71363 - March close

🔸70393 - last W VAH

🔸68540 - week close

🔸67577 - May close

🔸66239 - last week open

🔸64025 - last April week close

Trend: D 🔼 W 🔼 M 🔼

🤑 F&G: 72 < 77 < 78 < 75 < 73

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📉 #Bitcoin Daily 📈

Bitcoin dipped into the nearest liquidity pool I marked yesterday and same move was a trendline re-test. Chances for revisit of daily 20sma stay high, although at current stage $BTC remains within uptrend and current lower timeframe structure reminds of bull flag consolidation. But since bull flag is basically a range, we may expect #BTC to swing within that narrow range for some time before breaking in one of directions.

All major economic events (CPI, Inflation rates and FOMC) will take place on Wednesday (June 12th), so till then market will be in cautious mode, preparing for higher volatility.

Nearest liquidity pools:
above - 71940 / 72342 / 72990 / 74136
below - 70670 / 69540 / 68470 / 67800

Lines on the chart:
🔸73881 - ATH
🔸71363 - March close
🔸70393 - last W VAH
🔸68540 - week close
🔸67577 - May close
🔸66239 - last week open
🔸64025 - last April week close

Trend: D 🔼 W 🔼 M 🔼

🤑 F&G: 77 < 78 < 75 < 73 < 73

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