#BTC

Important previous video👇

Toca o dedo aqui para ver o vídeo, aguarde carregar.

Market update, focus on Bitcoin.

👉 Bitcoin is at a crucial support level (100k)

👉 If the main support at 100k is lost, we will see a free fall in the price of Bitcoin to ➡️ 98 thousand to 93 thousand.

👉 Currently, Bitcoin is trading below the 50-day moving average and the next support is the 200-day moving average, as we have already discussed in the video, I hope you were paying attention.

👉 According to global conditions, there is a high chance that BTC will liquidate buyers and break this important support level due to the conflict (war)

👉 New entries into the cryptocurrency market will only be considered once this war situation normalizes, any entry is only somewhat safe in the cryptocurrency market (spot).

👉 If Bitcoin trades below US$ 100 thousand, we will see more blood in the cryptocurrency market.

Bitcoin has been recovering from the horizontal demand zone at the base of the descending triangle pattern.

The horizontal support is providing a base.

But below this is collapse.

⚠️ Now the LIQUIDATION UPDATE:

Over 172 thousand traders have been liquidated in the last 24 hours on both sides.

Some buyers have had total losses above US$ 682 million, with US$ 596 million coming from long positions that did not have an average price strategy.

Mainly the greedy high leverage ones.

If there's enough (👍) here I'll make a video.