๐ Bitcoin Daily ๐
#Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week.
Higher timeframe picture and conditions remain the same. Acceptance below 66k will lead to $BTC drop down to 63-64k and possible dips down to 59k (HTF range bottom). Last week close gives me bearish vibes - even if this week close above range middle chances to see those dips are close to "guaranteed".
Nearest liquidity pools:
above - 67260 / 67720 / 69195 / 70290
below - 65675 / 64885 / 64220 / 63080
Lines on the chart:
๐ธ72132 - May high
๐ธ71363 - March close
๐ธ69667 - week close
๐ธ68540 - week close (May)
๐ธ67577 - May close
๐ธ66653 - week close
๐ธ64025 - last April week close
#BTC Trend: D โถ๏ธ W ๐ผ M ๐ผ
๐ค F&G: 71 < 71 < 74 < 74 < 70