📉 Bitcoin Daily 📈

$BTC took another dip to developing Year VAH3. Last 8H candle was pretty bearish, so I think there is a high chance to see it dip lower. In order to stay bullish for the rest of December Bitcoin got to find support within nearest support zone left from December 5th PA (taken from 1-4H TF).

If that won't happen, possible correction that will be visible at higher timeframes - week chart shows it clearly how far price went up without any major breaks in momentum. So if price is losing that bullish momentum, at some point it can drop really hard, maybe even down to CME gap.

Despite that move BTC dominance still consolidates under weekly 20sma and that still may lead to breakout impulse (regardless how it ends). Previously I thought it should be caused by #Bitcoin pump, but it can be dump as well. So be careful out there with longs. Although I still think that BTC.D breakout impulse can be a nice moment to load alts on the dips.

Nearest liquidity pools:

above - 105260 / 106361 / 107830 / 108655

below - 102874 / 101755 / 100527 / 98631

Lines on the chart:

🔸104460 - week close

🔸104300 - dev Year VAH3

🔸101200 - last week close

🔸99660 - November high

🔸96475 - November close

🔸95890 - developing Q VAH

🔸90884 - developing Year VAH2

🔸77200-80260 - CME Futures gap