📉 Bitcoin Daily 📈
$BTC tested Daily 20EMA and took a pause ✅ While consolidates may dip to ~60.8k or continue towards 62555 / 63500. Fifty fifty. Actually both moves will happen and zones will be covered sooner or later - we just can't predict the sequence of moves.
🎯 Key Levels
Above: 62555 / 63400 / 64300
Below: 60740 / 60011 / 59200
High timeframe situation remain the same - dead cat bounce on daily near the top, or at the very beginning on weekly. Either that bounce ends around 63-64k (Daily) or extend into Weekly dead cat bounce with potential rejection zone around 68-72k. After that re-test of 58-60k and in case of breakdown dump to 49k–52k.
⏰ Free TG #Bitcoin alarms set for: D/W/M20sma, 69000, 67255, 62200
$BTC tested Daily 20EMA and took a pause ✅ While consolidates may dip to ~60.8k or continue towards 62555 / 63500. Fifty fifty. Actually both moves will happen and zones will be covered sooner or later - we just can't predict the sequence of moves.
🎯 Key Levels
Above: 62555 / 63400 / 64300
Below: 60740 / 60011 / 59200
High timeframe situation remain the same - dead cat bounce on daily near the top, or at the very beginning on weekly. Either that bounce ends around 63-64k (Daily) or extend into Weekly dead cat bounce with potential rejection zone around 68-72k. After that re-test of 58-60k and in case of breakdown dump to 49k–52k.
⏰ Free TG #Bitcoin alarms set for: D/W/M20sma, 69000, 67255, 62200