$BTC closed Friday above May low - that is bullish price action which gives a chance to form a failed swing pattern. Basically yesterday's low can be taken as a conditional level for stop loss and used for longs. The closer to that bottom is your entry, the bigger can be position size.
🔥 Fear&Greed index dropped to 26 - that is value similar to December'22 - January'23 when #Bitcoin bottomed last time (from 16k). So in general I think current level is good for accumulating #BTC on spot for mid/long term hodl.
Have a great weekend everyone!
Nearest liquidity pools:
above - 57080 / 57496 / 58810 / 59380
below - 55700 / 55150 / 54720 / 53490
Lines on the chart:
🔸58218 - June low
🔸56537 - May low
🔸53245 - Nov'21 low
🔸51760 - Feb W close
🔸50512 - Feb W swing low
🔸48200 - 2022 high
Trend: D ⬇️ W ⬇️ M ▶️
😱 F&G: 26 < 29 < 44 < 50 < 51