📉 Bitcoin Daily 📈
$BTC wiped out stops above 108400 and pulled back to the developing quarterly VAH, nearly tagging Friday’s close — a move that was inevitable.
Chances are today won’t bring any clear signal regarding market direction. We'll need to wait for today’s daily candle close:
— A close above the developing Q VAH would be a bullish sign.
— A return below it would suggest a bearish or at least cautious outlook.
Key levels remain attractive for a potential revisit:
• Friday close: ~106027
• CME: 105600
• New York session: 105066
Reminder: the last two weekly candles closed as dojis. The monthly chart still rides on bullish momentum from April and May, but if it fails to fully realize its potential by the end of June, that momentum may fade away.
🎯 Key Levels to Watch:
• Above: 107200 / 107950 / 108400 / 108955
• Below: 106400 / 106027 / 105066 / 104544
🔥 #Bitcoin Liquidation Heatmap:
• Above: 107885 / 108244 / 108960 / 109680
• Below: 105990 / 105550 / 104830 / 104400