#Bitcoin bulls tried really hard to push price back above week open (at 68524) and managed to close morning candle above that level. But current 4H is back below. That increase chances to see $BTC hunt for stops below yesterday's dip low. And that opens potential for June open to dip lower to 62.5-63k or lower to range bottom at ~59-60k. Meanwhile high timeframe W/M remains within uptrend.
What I wrote about Dollar Index yesterday happened â DXY bounced from Weekly and Monthly 20SMA. It is yet early to say, that it is starting a new swing up on day TF, but that remains distant possibility - bullish or bearish, confirmation will take another week.
Nearest #BTC liquidity pools:
above - 69051 / 71300 / 71944 / 72800
below - 67170 / 65860 / 64262 / 63090
SR levels to watch PA:
đž73881 - ATH
đž71363 - March close
đž70393 - last W VAH
đž68540 - week close
đž67750 - week high / last W VAL
đž66239 - last week open
Trend: D đŒ W đŒ M đŒ
đ€ F&G: 72 < 72 < 74 < 75 < 76