📉 #Bitcoin Daily 📈

Bitcoin didn't move anywhere since Saturday review, and therefore all written back then stays valid. The only difference is that we have a new line on the chart - 69667 - week close.

Day 20SMA started bending down, so I replaced it with Year VWAP VAH. Even a stronger indicator. Y VWAP is at 58755 now - that is just to give you an idea of what will be the direction of mid term move in case VAH is lost. But since it is growing most probably it will be around 60-61k by the time $BTC gets there (if that bearish scenario happen at all).

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The rest is from Saturday review: #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. Breakout above 72k, which was already tested 3 times within last 3 weeks, should take price to ATH.

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.

💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.

Nearest liquidity pools:

above - 70160 / 72200 / 73070 / 74100

below - 68400 / 67800 / 65830

Lines on the chart:

🔸73881 - ATH

🔸71363 - March close

🔸70393 - last W VAH

🔸69667 - week close

🔸68540 - last week close

🔸67577 - May close

🔸66239 - week close

🔸64025 - last April week close

Trend: D 🔼 W 🔼 M 🔼

🤑 F&G: 72 < 75 < 72 < 77 < 78