$BTC broke the previous daily high for the first time in 7 days. This means the probability of Bitcoin losing the 59.4K PDL today is low. Price grabbed liquidity sub 60K and shows a little relief on the daily chart for the first time. Seeing this kind of PA happening during the weekend makes it less strong though. We all know weekends are illiquid compared to weekdays. The first target for this relief bounce is testing the FVG at 65K, which also aligns with important previous support. The scenario of a Sunday scamp-pump is also likely, and this could trap early longs to then give the big flush. The last 2 daily candles are interesting though, yesterday a stronger close without a bearish FVG and today broke the PDH. It's weekend so I'm not opening new positions here, but I'll monitor these levels closely going into next week.
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