📉 Bitcoin Daily 📈
$BTC bounced from the zone I've marked in the last review ✅
As you might have noticed, altcoins are doing pretty well on that BTC dip. That tells me that market ain't that scared and don't yet believe in BTC full correction. That correlates with my "momentum" idea that without wiping out stops above 99660 #Bitcoin won't drop anywhere much further and in the worst case will form a consolidation range. While moving in that range it will be free to go down only after wiping out those stops.
Might be wrong. But I will wait with selling my spot #BTC for that breakout. If it end up with clear rejection, selling and buying back under 80k. If breakout shows strong bullishness, will wait longer.
Yesterday touched developing month VAH and got rejected. If this week manage to get there again, will hunt for inefficiency left around 97k.
Levels of interest for future dips:
* 84642 - developing Year VWAP VAH2
* 77200-80260 - CME Futures gap
Nearest liquidity pools:
above - 94325 / 95484 / 96105 / 96777
below - 92233 / 91536 / 90685 / 89988
Lines on the chart:
🔸97960 - week open
🔸93421 - Nov 2nd week high
🔸89900 - previous week close
🔸84642 - dev Year VWAP VAH2
🔸80410 - week close