📉 Bitcoin Daily 📈

$BTC reached crucial resistance. Market structure shift to bullish if breaks above 65175 (reminder BTC haven't yet created a single Higher High since March). Once new HH created, all we have to do is to buy everything on the next swing down, as high chances it will be the last one before total launch to the moon.

If get rejected here high chances to drop down to 60500-61500 zone. And since that swing top will become another lower high, potentially can retrace much lower. But that is yet a distant perspective which might never happen.

Won't try to forecast which scenario it will be. Developing week candle so far gains bullish momentum, so if close in 2.5 days same as now, higher high will be created next week (unless happen earlier). The rest depends on PA.

Nearest liquidity pools:

above - 64524 / 65340 / 67250 / 70310

below - 62390 / 61656 / 60740 / 59455

Lines on the chart:

🔸58942 - August close

🔸54840 - week close

🔸53329 - July low

🔸50600 - developing Year VWAP VAL

🔸48888 - August low

🔸44779 - 2023 high

Trend: D ↘️ W ↘️ M ▶️

😐 F&G: 54 < 49 < 45 < 33 < 39

#BTC #Bitcoin #Marketstructure