đ Bitcoin Daily đ
Re-test of 110500 â and dip under 109K â
Both target zones from yesterdayâs forecast played out perfectly.
Now the chart looks weaker and very choppy. Most likely, weâll see a re-test of the 109260â109490 zone. After that â itâs a coin toss.
Either a rejection around 110K and a dump to ~107K,
or a breakout and continuation of the uptrend.
Keep in mind: $BTC has printed 7 green weeks in a row, and the current weekly candle is forming a doji as May comes to a close.
So far, the monthly candle looks bullish â but dips at the start of a new month are common to form a buy tail.
How it all plays out? No one knows.
Just follow the price action and stay ready for anything đ€
đŻ Key Levels to Watch:
âą Above: 109400 / 110700 / 111960 / new ATH
âą Below: 108366 / 107850 / 107270 / 106400
đ„ #Bitcoin Liquidation Heatmap:
âą Above: 109922 / 110609 / 111295 / 112410
âą Below: 108290 / 107778 / 107349 / 106920