📉 #Bitcoin Daily📈

Bitcoin wicked above last week VAH at ~70393 and today went down to wick below VAL at ~67750 ✅✅

Bulls didn't manage to hold BTC price above VAH even with weak dollar index performance yesterday. And today DXY is at Weekly and Monthly 20SMA - double combo making that level crucial SR. Dangerous situation for crypto.

Nevertheless $BTC remains within uptrend at higher timeframes while at 4H it moves sideway. If today it won't return back above week open at 68524 and find acceptance there, this may lead to further retracement. Can be to the middle of range at ~65.6k or to the bottom at 59-60k

Ethereum remains a hidden bullish factor - while we don't expect ETF trading to start anywhere soon and don't expect trading volume to be anything compared to BTC ETF, it is still capable of pushing market up, when it happens. But when? Weeks? Months? Nobody knows.  

Nearest liquidity pools:
above - 69236 / 70800 / 71300 / 72050
below - 67166 / 66622 / 65860 / 64262

SR levels to watch PA:
🔸73881 - ATH
🔸71363 - March close
🔸70393 - last W VAH
🔸68540 - week close
🔸67750 - week high / last W VAL
🔸66239 - last week open

Trend: D 🔼 W 🔼 M 🔼

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