📉 #Bitcoin Daily 📈

I've been writing about 64k for ages and $BTC finally returned to that zone. Now bouncing back for bearish re-test of developing quarter VWAP. Bearish by default, unless price end up on the other side 😏

🔼 What is bullish over here? Revisited Day FVG EQ + and breakout level which correlated with touch of WEEK 20SMA at ~64200 + Day close above June 14th low, which may result in trapped shorts, what some call swing failure pattern (SFP). Plus we have news about SEC closing its investigation into Ethereum 2.0 - I don't like to trust in FA, but that can be very bullish and make Ethereum ETF much closer than we expected.

🔽 What is bearish here? Rejection from May close and range middle. That means that now chances to see BTC at range bottom are higher, than to see it at range top. Besides we don't see high enough volume to consider there was a capitulation (caused by liquidations and stops cascade). Blood on the streets is a "must have" factor for reversal revolution.

Nearest liquidity pools:

above - 66093 / 67420 / 69230 / 70800

below - 63830 / 62700 / 61800 / 60480

Lines on the chart:

🔸72132 - May high

🔸71363 - March close

🔸69667 - week close

🔸68540 - week close (May)

🔸67577 - May close

🔸66653 - week close

🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 64 < 74 < 71 < 71 < 74