📉 Bitcoin Daily 📈

$BTC almost returned back above pre-dump levels. The last resistance holding another bullish impulse is ~106500 (red zone on my chart which also correlates with daily 20-sma). If manage to breakout, next zone of interest will be around 108k

Market been shorting BTC since it reached 104700 - that created two very close liquidity pools - one under same 104.7k and another above last breakout attempt high at ~106483. I won't try to guess the sequence, but most probably both will be wiped out soon.

This week Inflation rates & CPI (11/06) and PPI (12/06). While last week's crypto dump didn't have any economical reasons (S&P500 stayed strong while BTC was collapsing), this week will give lots of reasons for volatility. So be careful with high leverage and hard stops.

🎯 Key Levels to Watch:

‱ Above: 106775 / 108000 / 108995 / 110000

‱ Below: 104544 / 103975 / 103032 / 102380

đŸ”„ #Bitcoin Liquidation Heatmap:

‱ Above: 106704 / 107590 / 108730 / 109890

‱ Below: 104710 / 103737 / 102670 / 101600