📉 #Bitcoin Daily 📈

Been writing about developing Year VWAP revisit since last Saturday. Everything came true ✅ Warned means ready 👍

Day candle closed high above last week low, so that price action can be taken as swing failure with good chances for bullish continuation. The strength for that theory is in the zone that price bounced from - not just a blank spot on the chart, but important high timeframe level.

Nearest target for $BTC bounce is 61600. At 62k price will find first resistance. That will be the level to watch price action and make decision on the next possible step.

Nearest liquidity pools:
above - 61596 / 62485 / 63050 / 64770
below - 60000 / 59375 / 58866 / 58550

Lines on the chart:
🔸64601 - July close
🔸63309 - September close
🔸62766 - June close
🔸58942 - August close
🔸57446 - day swing fractal
🔸56000 - September buy tail EQ

Trend: D ▶️ W ▶️ M ▶️

#BTC #bitcoinbottom