📉 Bitcoin Daily 📈
Today is one of those days, when I read my yesterday's Bitcoin Daily, and find nothing to add or remove 🤷🏼♂️ Nothing really changed. Both BTC and Stock indices are under the same resistance as yesterday. Price action didn't bring much new, except for the scam wick (which is visible only at 1H TF).
Breakout above 58606 will push BTC to developing Y VWAP around 59500. That move opens road to 61.1-62.7k for this or next week, But it doesn't remove possibility to see price come back to 51-54k after that. Another liquidity zone we may expect to be revisited before the breakout is ~56k
Week TF: I might be wrong, but it seems that we have at least 3 weeks till BTC do a really strong bullish move, that will change market structure. Till then it might stay within current range.
Nearest liquidity pools:
above - 58550 / 58790 / 59448 / 60084
below - 57345 / 57070 / 56315 / 55255
Lines on the chart:
🔸58942 - August close
🔸54840 - week close
🔸53329 - July low
🔸50600 - developing Year VWAP VAL
🔸48888 - August low
🔸44779 - 2023 high
Trend: D 🔽 W ↘️ M ▶️
😱 F&G: 32 < 31 < 37 < 33 < 26
