Good morning ☀

Daily BTC overview

❌Liquidations in the market over the past 24 hours, CoinGlass: ~ 75,424 traders, total liquidation amount was 211.35 million USD. — ~79% long positions and ~21% short positions.

The asset showed negative dynamics, which led to a breakout below $95,000, but I don't think this decline will last long and we will drop even deeper.

I anticipate a further drop to the level of $92,000, but afterwards I expect a bounce and a reversal with continued growth, as the selling pressure is not that strong.

We still have low trading volumes, but I expect to see activity from buyers for further growth and to reach the level of $100,000, let's see what comes of it.