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📉 Daily Bitcoin chart review 📈
Bitcoin opened Monday with a bullish move. Minimum target reached. Next liquidity pool is above 63447. Getting there won't change week chart much on its own, but will look very nice on lower timeframes.
From higher timeframes chances for BTC to dip back to Week 20SMA (which is now around 57740) are pretty high. But probably not this week.
In any case, BTC price action doesn't matter and make no difference as the main factor will be Stock Market performance this week. Tuesday PPI and Powell speech. Wednesday will be the main day with Inflation Rates numbers. So I'd rather not bet on trades that won't be closed by that time, as expected volatility will give a chance to open new trades.
Bullish vibe - while I say that dips to W20SMA are possible, it won't break higher timeframe uptrend, and therefore can be taken as part of consolidation process before the reversal back up.
Nearest liquidity pools:
above - 63575 / 64890 / 65615 / 67345
below - 60244 / 59800 / 58600 / 57980
SR levels to watch PA:
🔸65500 - week high
🔸64025 - week close
🔸63088 - last April week open
🔸61455 - week close
🔸60651 - April close
🔸59150 - April low
🔸56975 - Nov'21 close
Trend: D ▶️ W 🔼 M 🔼
😐 F&G: 57 < 56 < 53 < 66 < 55
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BY 📉 Wise Analyze 📈
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