đ #Bitcoin Daily đ
$BTC bounced. So maybe those stops above 68460 will be wiped out before CME gap get closed đ€ If not that week, then next. At least we may expect price to hit that May close (~67577), before pulling back again. That is where recent short's stops will be liquidated.
I don't have any certain bias now. Holding longs in profit and ready to cut them on the first sign. For bullish dips nearest zone is around 66.5-66.2k, but #BTC often does move beyond expectations, so can easily dip to ~65350 as well.
Stocks were bearish and closed bearish yesterday. That is one of the reasons I don't feel extremely bullish short term. But on week/month timeframes Bitcoin looks good, so I don't think its time to be bearish as well.
Nearest liquidity pools:
above - 67740 / 68516 / 69260 / 70810
below - 66450 / 64960 / 64301 / 63464
Lines on the chart:
đž71363 - March close
đž69500 - June POC
đž67577 - May close
đž65347 - Q2 VWAP
đž62766 - June close
đž61412 - week high
đž60650 - May open
đž58218 - June low
Trend: D đŒ W â¶ïž M â¶ïž
đ€ F&G: 68 < 68 < 69 < 71 < 70