Wise Analyze
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📉 Bitcoin Daily 📈
Last day of the month — which means the Monthly candle closes today.
This close will become one of the most important levels for the coming months, just like February’s close kept $BTC dancing around it all through March.
The previous CME gap is now closed, but a new one has opened, and it will be filled sooner or later. That makes it a reliable target for spot buys or long entries. On the Binance chart, it lines up with Friday’s New York low at 83531.
Last week ended with a bearish engulfing, which could push BTC down toward the ~78200 (+/- 800) zone. A bounce to the CME gap could happen either before or after that dip. It would actually be more bullish if BTC dips first, as the gap would act as a natural magnet for a rebound. Otherwise, there won’t be a clear target for the next leg up.
Yes, BTC could drop even further — to 72–73K. The deeper it goes, the longer recovery will take. But there's no need to rush. Most likely, the next 2–5 months will remain bearish and choppy.
All bullish hopes are reserved for Q4 this year.
Nearest targets:
• Bullish move: 83531 / 84300 / 85530 / 87500
• Bearish move: 81113 / 78200 / 76560 / 73881
#Bitcoin Liquidation heatmap:
• Above: 83515 / 84127 / 84740 / 86138
• Below: 80805 / 80018 / 79617 / 79015
Last day of the month — which means the Monthly candle closes today.
This close will become one of the most important levels for the coming months, just like February’s close kept $BTC dancing around it all through March.
The previous CME gap is now closed, but a new one has opened, and it will be filled sooner or later. That makes it a reliable target for spot buys or long entries. On the Binance chart, it lines up with Friday’s New York low at 83531.
Last week ended with a bearish engulfing, which could push BTC down toward the ~78200 (+/- 800) zone. A bounce to the CME gap could happen either before or after that dip. It would actually be more bullish if BTC dips first, as the gap would act as a natural magnet for a rebound. Otherwise, there won’t be a clear target for the next leg up.
Yes, BTC could drop even further — to 72–73K. The deeper it goes, the longer recovery will take. But there's no need to rush. Most likely, the next 2–5 months will remain bearish and choppy.
All bullish hopes are reserved for Q4 this year.
Nearest targets:
• Bullish move: 83531 / 84300 / 85530 / 87500
• Bearish move: 81113 / 78200 / 76560 / 73881
#Bitcoin Liquidation heatmap:
• Above: 83515 / 84127 / 84740 / 86138
• Below: 80805 / 80018 / 79617 / 79015
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
