📉 #Bitcoin Daily 📈

So far developing week chart look promising. If only it was Sunday and week close same way 😅 But still 5.5 days to go.

Fear and Greed at 17 🤑 Looks like a bullish scenario bottom and could be the bottom. But I decided to look in history same value and last time it was on June 8th, 2022 - just before $BTC dumped by another 45% after one month of consolidation that followed previous dump (similar to recent one). It doesn't mean that history will repeat. But just keep in mind that 42-45k ain't something we should deny as impossible.

Target zone at 60k remain valid until visited. There is no scenario where it will not be hit. Its almost 99% guaranteed. The only question is time.

More #BTC dips under ~52500 also highly possible within this or next week. Not a TA, just a feeling.

Nearest liquidity pools:

above - 55510 / 56452 / 57015 / 57433

below - 53700 / 52447 / 49194 / 47500

Lines on the chart:

🔸60650 - May open

🔸58218 - June low

🔸56537 - May low

🔸53329 - July low

🔸49027 - January high

🔸46210 - 2021 close

🔸42314 - 2023 close

Trend: D 🔽 W ▶️ M ▶️

🤑 F&G: 17 < 26 < 37 < 57 < 52

#MarketDownturn