Dollar Index made a bullish move yesterday that broke above February high. While short term we may see it pull back, within this week it can grow higher to ~105, which means that #Bitcoin most probably will have a heavy week.

#BTC dropped below the middle of the channel, so most probably will be forced to move down to the bottom of big channel around 62k. Also I think that we may expect re-test of 68-68.4k zone. If happens before further dip it can be taken as short opportunity. If after, I'd skip it and hold long taken from the bottom to give it a chance to breakout.

Remember what I wrote about week chart - $BTC stays within uptrend, but in consolidation range. The dump before or after halving is something logic to expect (sell the news), but from TA point of view this week chart remains bullish.

Nearest levels to watch PA:

๐Ÿ”ธ73881 - ATH

๐Ÿ”ธ71363 - March close

๐Ÿ”ธ68448 - previous week open

๐Ÿ”ธ67260 - last week open

๐Ÿ”ธ66400 - Nov'21 dump week high

๐Ÿ”ธ64300 - February high

๐Ÿ”ธ63178 - week close

๐Ÿ”ธ61203 - Feb'24 close

Trend: 4H ๐Ÿ”ผ D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ

๐Ÿค‘ F&G: 79 < 79 < 75 < 80 < 83