$BTC #analysis▶️ #огляд

Good morning ☀️

BTC Daily Review

❌ Liquidations on the market in the last day, CoinGlass: ~65 K traders, for a total amount of ~$147 million — ~30% long positions and ~70% short positions.

We have fully reached the specified growth zone, which is near the downward trend line. This is a key indicator on which the further medium-term movement of BTC will depend:

📈If we see a breakthrough, we will definitely start growing towards ATH, where the next important resistance zone is located - around 72K.

📉But the rebound will lead to the implementation of the previously mentioned downward scenario. At a minimum, we will test 60K, and in the worst case, we will see a decrease to 50K.

🤔There is no point in guessing now. Therefore, we wait for confirmation and make a decision based on the fact of breakthrough or rebound.

Copy trading on Binance 🔀