📉 Bitcoin Daily 📈
🎯 Key Levels to Watch:
• Above: 119225 / 120300 / 122450
• Below: 117865 / 116666 / 115697
🔥 $BTC Liquidation Heatmap:
• Above: 120242 / 121180 / 123050
• Below: 117610 / 115435 / 114226
As expected, #Bitcoin pulled back to the breakout level but failed to find support there, continuing lower toward the next key level at the post-breakout Point of Control (POC).
It's challenging to forecast the immediate short-term move here, with approximately equal chances of dipping below $117,700 or bouncing to $119,900–$120,300. One outcome could easily lead to the other.
Monday's candle closed bearish, which should influence the coming days. This means that while Bitcoin and the broader market remain bullish on higher timeframes, we may witness some bearish moves this week to shake out more long positions.
⏰ TG alarms set for: 123300, dev Quarter VWAP & VAH & Day 20-sma