In the Market 🟡
Bitcoin reached $95,500 overnight.
Due to an oversupply of shorts in the market and breaking significant resistance, it has become much easier to pull the market towards its upper limits.
However, we should not forget that we still have an open gap at the level of $91,900, and we have not yet seen a significant cooling off after the strong market rebound. Therefore, I think the price may be pulled up a bit more (to liquidate the main short positions that currently dominate), and only after that will we see a good cooling off. After the pullback, we can consider the continuation of growth.
