Good morning ☀

Daily overview of BTC

❌Liquidations in the market over the last 24 hours, CoinGlass: ~76,421 traders, total liquidation amount was $233.16 million. — ~49% long positions and ~61% short positions.

The asset managed to rise above 107.000$ and firmly establish itself above the moving averages, at the moment we are actively pushing towards resistance at $108.000.

However, despite the positive dynamics, trading volumes still remain low, and due to this, I expect to see a bounce off the aforementioned resistance.

I am highly skeptical that we will continue to grow and as I mentioned earlier, I expect to see sideways movement in the near future.