📉 Bitcoin Daily 📈
$BTC bounced to 59820 and dipped under 56k ✅✅
Short term my forecasts stay as sharp as possible 👌🏼 Today we witness bounce move that can extent a bit further to ~59k.
After that visible future splits into different scenarios.
1) Either BTC finds acceptance above 59k and that starts another attempt to grow back above developing year VWAP at ~59.5k with wicks to 60.6k
2) Or we see rejection from ~59k and another leg down to last week buy tail equilibrium around 53.5-54.6k
Extension for bullish scenario is fast breakout towards ~64k
Extension for bearish scenario is drop down to developing Year VAL at ~50.3k
P.S. Stock indices show extremely bullish PA last three days. Gold at the edge of ATH breakout. What can I say 🤷🏼♂️ crypto trading is a particularly sophisticated form of existence 😅
Nearest liquidity pools:
above - 58750 / 59560 / 60230 / 60944
below - 56960 / 56315 / 55955 / 54340
Lines on the chart:
🔸64601 - July close
🔸62766 - June close
🔸60650 - May open
🔸58218 - June low
🔸56537 - May low
🔸55830 - July 1st week close
🔸53329 - July low
Trend: D 🔽 W ▶️ M ▶️
🤑 F&G : 27 < 29 < 30 < 31 < 25
