šŸ“‰ Bitcoin Daily šŸ“ˆ

#Bitcoin cleared nearest liquidity pool under ~66155 āœ… Closed above that level which might be a swing failure - bullish pattern. But too early to confirm that.

Today CPI and Inflation rates at 12.30 UTC and FOMC at 18 UTC time. As I wrote before, there was no correlation with global markets in this crypto dump. Stocks actually performed pretty well yesterday. And Dollar Index so far follows the drawn path I've shared two days ago. So I don't see any sufficient bearish pressure on $BTC outside of crypto world.

Target for that bounce is May VAH zone + year VWAP VAH around 69.2k (for the wicks). These are conservative targets that assume rejection and pull back to 67600 at least with further consolidation.

Bullish scenario comes into play if #BTC find acceptance above year VWAP VAH.

Nearest liquidity pools:

above - 68256 / 68840 / 70400 / 72240

below - 66905 / 65760 / 64233 / 59960

Lines on the chart:

šŸ”ø73881 - ATH

šŸ”ø71363 - March close

šŸ”ø70393 - last W VAH

šŸ”ø69667 - week close

šŸ”ø68540 - last week close

šŸ”ø67577 - May close

šŸ”ø66239 - week close

šŸ”ø64025 - last April week close

Trend: D ā–¶ļø W šŸ”¼ M šŸ”¼

šŸ¤‘ F&G: 72 < 74 < 72 < 75 < 72