📉 Bitcoin Daily 📈
$BTC bounce target achieved ✅ Still remains within uptrend on Day and higher timeframes. Lower timeframes price action most probably will hunt for liquidity within last week's dump buy tail.
If market participants agree on fair price within that buy tail equilibrium, BTC will be ready to grow higher. If not, then we should get ready for more destructive dips, that will be visible at week timeframe. That means that potentially price can stretch down to developing Year VAH2 and possibly close CME gap on the same move. That won't break uptrend, but slow it down for several weeks.
Also possible scenario is bullish consolidation within 90-104k range. That scenario gains chances if dip will cover most of buy tail length and then price bounce back.
Nearest liquidity pools:
above - 99800 / 100600 / 102150 / 104115
below - 97800 / 96300 / 95290 / 94050
Lines on the chart:
🔸104630 - ATH
🔸101200 - week close
🔸99660 - November high
🔸97265 - week close
🔸96475 - November close
🔸92917 - developing Q VAH
🔸90200 - dump low
🔸88207 - developing Year VAH2
🔸77200-80260 - CME Futures gap