Good morning ☀

Daily review $BTC

❌Liquidations in the market over the past day, CoinGlass: ~ 99,112 traders, the total amount of liquidations in the trading network amounted to $263.53 million. — ~13% long positions and ~87% short positions.

The asset has begun to demonstrate positive dynamics and has managed to return above the level of $112,000, but it is now extremely important to hold this mark.

Growth is occurring on relatively small volumes, so we still have the risk of entering further correction.

At the moment, a breakout of the MA50 moving average is observed; if we can consolidate above it, the chances of continuing the upward dynamics will significantly increase.