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#Bitcoin wiped out nearest liquidity pool and got rejected from the top of the range, which led to losing upper trendline as well. Dipped under Day 20SMA, which I foreseen as high possibility â
$BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone.
Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move.
Return to bullish vibes comes with #BTC acceptance above 70750
đĄCPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.
Nearest liquidity pools:
above - 72355 / 72990 / 74100
below - 68400 / 67800 / 65830
Lines on the chart:
đž73881 - ATH
đž71363 - March close
đž70393 - last W VAH
đž68540 - week close
đž67577 - May close
đž66239 - last week open
đž64025 - last April week close
Trend: D đŒ W đŒ M đŒ
đ€ F&G: 72 < 77 < 78 < 75 < 73