#Bitcoin lost Monday range so unless today make a fast pump above it. Or at least into the range. Keep in mind today is PPI at 13.30 UTC. That will give an expectations PA impulse towards FOMC minutes next week on Tuesday 19:00 UTC.
If correction starts we all wait for 30-32k re-test. I'd even say that level is too obvious, so clear that price might do some surprise shit like dumping far below it before bouncing. Or not reaching it and bouncing earlier. In any case levels like this never give what majority expect from them. But in any case its a good contextual level to watch closely.
Meanwhile for today we watch that bounce and how far it gets. Yesterday stocks were bullish and Dollar Index dumped heavily - crypto still can't get back into correlation with global markets. So probably we should pay less attention to what is happening there and concentrate on $BTC chart on its own.
Main levels to watch PA:
šø 38500 - November high
šø 37614 - April'22 close
šø 37084 - Monday open
šø 35353 - dev Q VWAP VAH
šø 33950 - OB support
šø 32853 - January'22 low
šø 31850 - July'23 high
#BTC 4H EMAs:
š» 55 at 36131
š¼ 233 at 33097
š¼ 987 at 29251
