📉 #Bitcoin Daily 📈

$BTC closed Friday with slowed down momentum. But developing week candle still look bullish. While BTC doesn't move much it's dominance is pulling back and alts grow. Weekend should stay same way. The rest remains the same as described yesterday.

Market structure shift to bullish if breaks above 65175. So far #BTC haven't yet created a single Higher High since March, so it remains within downtrend. Once new HH created, all we have to do is to buy everything on the next swing down.

If get rejected here high chances to drop down to 60500-61500 zone. And since that swing top will become another lower high, potentially can retrace much lower. But that is yet a distant perspective which might never happen.

Nearest liquidity pools:

above - 63840 / 64320 / 65340 / 67250

below - 62250 / 61570 / 60740 / 59455

Lines on the chart:

🔸58942 - August close

🔸54840 - week close

🔸53329 - July low

🔸50600 - developing Year VWAP VAL

🔸48888 - August low

🔸44779 - 2023 high

Trend: D ↘️ W ↘️ M ▶️