$BTC #аналітика

Good morning ☀️

BTC Daily Review

❌Liquidations on the market in the last day, CoinGlass: ~56 K traders, for a total amount of ~$115 million — ~65% long positions and ~35% short positions.

The long-term structure on the BTC chart is still bearish 📉 The last bearish high that led to the decline is at 65K. Therefore, it is not a fact that the buyer will succeed in breaking this structure and soon we will see a rebound.

Nevertheless, we can still reach the trend line, but to break above it, serious fundamental indicators and a news background will be needed❗️

To date, we only have a 0.5% reduction in the Fed rate, which was already partially priced in and partially worked out by the rise to 64K.

👀Let's see how the week ends and what the dynamics of the next one will be.

Copy trading on Binance 🔀