BTC/USDT | Towards 70k or drop below 60k once more? Bitcoin / TetherUSBINANCE:BTCUSDTAmirAliTradingBy analyzing the Daily chart of BTCUSDT we can see that after it reached the 4H IFVG, it failed to go through the IFVG Consequent Encroachment (C.E. = Mid-gap) and it was rejected by it, dropping from 67,200 to 64,000, and it is currently being traded at around 64,100. Bitcoin has been in the same range for days now and has been consolidating there. What I'd like to see is for BTC to drop below the 59,130 level to sweep the liquidity there and then bounce back up, going towards the IFVG to retest it and sweep the minor Buyside Liquidity at 67,300. However, BTC could go to retest the IFVG without going towards the SSL, if it overcomes the Minor BSL, it could rise towards 70k once more. Also, if Bitcoin is rejected by the IFVG once more, I'd expect it to go for the SSL and then bounce towards the BSL.