๐Ÿ“‰ Bitcoin Daily ๐Ÿ“ˆ

PPI numbers were positive yesterday, so stock indices went higher and BTC followed - grown back above developing Year VWAP. The fight goes on and the longer it stays above that crucial level, the higher chances to see it grow to developing VAH around 68k.

Today at 12.30 UTC announcement for Inflation Rates. Should cause more volatility with possible range in between 60k and 64k.

Bearish scenario I wrote yesterday didn't happen as BTC hold strong above 58k. And losing that level was the condition for bearish scenario to trigger. Same condition remains valid, although now it feels a lot further from happening. Zones are the same: 56 / 54 / 51.5k

Nearest liquidity pools:

above - 61600 / 61915 / 62213 / 63444

below - 60115 / 59750 / 58300 / 57580

Lines on the chart:

๐Ÿ”ธ64601 - July close

๐Ÿ”ธ62766 - June close

๐Ÿ”ธ60650 - May open

๐Ÿ”ธ58218 - June low

๐Ÿ”ธ56537 - May low

๐Ÿ”ธ55830 - July 1st week close

๐Ÿ”ธ53329 - July low

Trend: D โ–ถ๏ธ W โ–ถ๏ธ M โ–ถ๏ธ

๐Ÿค‘ F&G: 30 < 31 < 25 < 39 < 40