📉 Bitcoin Daily 📈

Both $BTC price and Fear and Greed index are back to July 1st values. Major SR level. Open interest starts to grow, so short term we may see bounce from here.

Month candle closed far below my August bullish condition which was "above ~67578". Doesn't mean that #BTC turned completely bearish, but that increase chances for CME gap to be closed first.

At the same time, short term we may expect a bounce to Q2 VWAP and 20SMA for Week and Month timeframes, which all merge around 65500. As I wrote yesterday, that can be price zone which will be danced around for considerable amount of time before #Bitcoin decide its direction.

Dollar Index closed month bearish. First should bounce back up, but in general may expect it to drop lower in August. Stocks closed different. DJI and SPX more bullish, than NDX, which was crashed by Microsoft earnings. Nevertheless all remain within uptrend.

Nearest liquidity pools:

above - 65250 / 66950 / 68130 / 68770

below - 63330 / 62790 / 62100 / 58880

Lines on the chart:

🔸67577 - May close

🔸65347 - Q2 VWAP

🔸64601 - July close

🔸62766 - June close

🔸60650 - May open

🔸58218 - June low

Trend: D ↗️ W ▶️ M ▶️

🤑 F&G: 52 < 61 < 67 < 74 < 71