BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin is presently consolidating within both our monthly and weekly Fair Value Gaps (FVGs), while also taking liquidity. Should the weekly candle close above 53,245, there's potential for the price to extend towards our next Weekly FVG level at 60,000. At the moment, the price momentum is slowing down as a result of the overlapping monthly and weekly FVGs, suggesting a short-term bearish correction toward our weekly breaker block, which coincides with a weekly FVG below.

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