#Bitcoin went for max pain yesterday with 8H bearish engulfing followed by 8H bullish engulfing. The hype of this bounce is strong and push BTC price up, fueled by everyone who still in disbelief.

DJ, SPX and Gold made new ATH yesterday, so its not only about crypto, which is only recovering from long bearish period.

Week candle so far looks strong, heading towards May close at 67577 (67477 at Coinbase). Don't know if it will touch that line this week, but that is certainly possible.

I've closed my $BTC Coin-M Futures long. Holding it there with no intentions to sell into USD before Q4 2025, so I don't really care about short term volatility.

For new long entries will be waiting for the nearest strong pullback. Areas of interest are the same - double-gap at 61412-61800 and wide #BTC CME gap where I'll be looking to enter around ~59k.

Nearest liquidity pools:

above - 66333 / 67470 / 68066 / 70333

below - 64597 / 63786 / 63034 / 62165

Lines on the chart:

๐Ÿ”ธ71363 - March close

๐Ÿ”ธ69500 - June POC

๐Ÿ”ธ67577 - May close

๐Ÿ”ธ65347 - Q2 VWAP

๐Ÿ”ธ62766 - June close

๐Ÿ”ธ61412 - week high

๐Ÿ”ธ60650 - May open

๐Ÿ”ธ58218 - June low

Trend: D โ–ถ๏ธ W โ–ถ๏ธ M โ–ถ๏ธ

๐Ÿค‘ F&G: 69 < 65 < 52 < 33 < 25