📉 Bitcoin Daily 📈

🎯 Key Levels to Watch:

• Above: 104072 / 105000 / 106407 / 107114

• Below: 102380 / 101400 / 100678 / 99431

🔥 $BTC Liquidation Heatmap:

• Above: 104121 / 105290 / 106103 / 107545

• Below: 102230 / 101194 / 100433 / 99767

In the past 24 hours over 157k traders were liquidated, totaling $668 million in losses. Yes, that was a crazy bloody Sunday. At least for FOMO and greed traders. For you my friends, I am sure it was calm and happy. Cause we don't trade during weekends 😉

In any case, #Bitcoin price action didn't go beyond key zones I've marked on Friday. Actually it played almost by plan. Yesterday evening in Premium Chat I noted, that liquidity pool around 102800 got filled only during weekend, and so it has high chances to be revisited during Asia session - so it happened ✅

WHAT TO EXPECT SHORT TERM?

Short term I think BTC has good chances to bounce back to the middle of that parallel channel - should be in between 104-105k. The rest depends. If Monday close with bearish engulfing this week might become a start of correction stage. Which is absolutely ok after 6 green weeks in a row. Reminder that I wrote about that scenario before marking out possible range in between 99-100k and 106-107k