Good morning ☀️

BTC Daily Review

❌Liquidations on the market over the past 24 hours, CoinGlass: ~32 K traders, totaling ~$88 million - ~70% long positions and ~30% short positions.

The pattern confirms its boundaries. Bitcoin managed to bounce down from the upper boundary immediately after testing $BTC 59.5K.

I think that we will still see 1-2 tests of marks within #Bitcoin 60K, and after that, when the lower border is broken, we will go to work out the downward scenario to the height of the flagpole, to 50K📉$BTC

$BTC ❗️The only thing that can now cancel the downward scenario is the return of the price above #BTC☀ 60K on increased buyer volume and consolidation there on higher timeframes. There are no prerequisites for this yet, so my main scenario is a continuation of the fall.