📉 Bitcoin Daily 📈

🎯 Key Levels to Watch:

• Above: 120800 / 121700 / 122450

• Below: 120260 / 119760 / 118650

🔥 $BTC Liquidation Heatmap:

• Above: 120853 / 121150 / 122615

• Below: 119241 / 118500 / 118010

#Bitcoin recovered fast from the dip and returned back above 120k, covering part of Monday bearish candle sell tail. Meanwhile stock indices made new ATH. So overall market sentiment mood remains bullish.

Target zone for the bounce I called yesterday ($119,900–$120,300) achieved, but I think it will grow a little higher to wipe out stops above NY high at 120799. After that either pump through ~121.7k resistance or get stopped there and come back to the same $119,800–$120,300 to test it as support.

Frankly I remain cautious about longs at this level. Monday rejection still alarms there.

⏰ Alarms set for: 123300, dev Quarter VWAP & VAH & Day 20-sma