I expected a dump (long buy tail on Monday open), but I certainly didn't expect such a dump over night. One thing I foreseen did happen - we have a new gap formed, and it overlays previous one. So that will be an inevitable target for revisit. The only question - when?
This is #Bitcoin CME chart with Year VWAP bands indicator on. Price touched Y VAL on that dip and created new lower low. Month 20 SMA is around 42200 now, while week 20 SMA left far above at 64500. Dear and Greed Index at 26 (back to July pre-pump level).
So without making any specific short term forecast, I can say that both 60k and 42k may be expected in Future. Japan stock market crashed over night. US market will open in ~6 hours and only God knows what will happen to it. Stay safe.
Nearest liquidity pools:
above - 54755 / 55390 / 57433 / 59855
below - 47500 / 46400 / 44300 / 41900
Lines on the chart:
🔸60650 - May open
🔸58218 - June low
🔸56537 - May low
🔸53329 - July low
🔸49027 - January high
🔸46210 - 2021 close
🔸42314 - 2023 close
Trend: D 🔽 W ↘️ M ▶️
🤑 F&G: 26 < 37 < 57 < 52 < 61