📉 Bitcoin Daily 📈

In one day $BTC dumped all the way down to previous parallel channel bottom.

Today is the last working day of this week and month. Decisive day for high timeframe charts.

Weekly chart looks rather weak forming bearish engulfing after 7 green weeks in a row. Could be a start of correction or consolidation. Which means that the following weeks can be either very choppy or very bearish.

Month chart still looks very bullish. January close at 102380 is a crucial level - while month close above it, price keeps the momentum for June to continue same way. But if within these two days it will roll back below that price, things will look different.

I will be away from computer till second part of the day. Not yet sure at what time exactly I'll be back. Have a great Friday and weekend 🤝

🎯 Key Levels to Watch:

• Above: 106300 / 106900 / 108000 / 108955

• Below: 104027 / 102380 / 101425 / 99430

🔥 #Bitcoin Liquidation Heatmap:

• Above: 106680 / 107120 / 108021 / 108737

• Below: 104980 / 104140 / 103120 / 101950