馃搲 Bitcoin Daily 馃搱
Week candle didn't feel that Sunday dip and closed at 97960. That was a good opportunity to buy $BTC low before this week breakout higher. Just a reminder I am talking about price following the momentum in a form of impulse move. Neither I nor anyone else knows how this move will end. But that is not important, as information about highly probable move was enough to make a trade (in this case - buy the dip).
With all that short term bullishness keep in mind that this is the last week of the month. End of month is when many take profits from open positions, and since majority of market participants are long, that means that we may expect increase in sell pressure this Thursday, Friday and weekend. My main mission for this week is to plan dip buys that will print money over December 馃槑
Levels of interest for future dips (purely theoretical for some black swan event):
* 94690 - developing Year VWAP VAH3
* 83820 - developing Year VWAP VAH2
* 77200-80260 - CME Futures gap
Nearest liquidity pools:
above - 99300 / 99860 / 100320 / 100790
below - 97265 / 96570 / 95570 / 95185