📉 Bitcoin Daily 📈
Monday open haven't created any gaps and first 8H $BTC candle started a dip. While bounce from current price would obviously be very bullish, if it won't, the next zone to support this month's bullishness is around 63.2k - these two zones support fast recovery back to bullishness.
If none of above give a proper bounce, then BTC will go lower towards 61k and developing year VWAP at ~59570. Reminder about my video review, where I explained that swing down is normal price action and we got to see Higher Low in any case to confirm trend reversal. Anything above 52511 will be higher low 😏 but I'd prefer that to be above 57500 at least. Everything lower will destroy bullish momentum completely.
P.S. August open at 64602 - September close above that level, if happen, would create bullish engulfing on Month timeframe and make October real UPtober. If not, welcome to choppytober.
Nearest liquidity pools:
above - 65037 / 65863 / 66172 / 66533
below - 63750 / 62235 / 61811 / 59008
