Daily Bitcoin
chart review As market logic says it should push price as high as it is required to liquidate enough bottom shorters and provide liquidity for smart money to exit longs and enter shorts. So far it didn't happen. Over night Asians pushed Bitcoin up but not that far. No crucial high was crossed and stops not yet triggered. But we might see it soon.
Meanwhile S&P500 made failed swing above March close and now below it which favor correction. And Dollar Index as I've shown before is at the bottom of the range. Double alert to be careful on longs.
Holding long from <27.5k dip and will be looking for TP above 28820. Depends on PA of course, as we may expect pump to 29.5-29.9k as well.
4H EMA987 at 22782 EMA55 at 28028
28950 - 29900 - 31800
28200 - 27500 - 26500
F&G: 62 < 62 < 63 < 63 < 61
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Discounts: ByBit | Binance
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