💸Daily BTC Review
❌ Liquidations in the market over the last 24 hours according to CoinGlass:
~151K traders liquidated, with a total of ~$438M, split approximately 50% long positions and 50% short positions.
The weekend brought no surprises: the 100K level continues to be unbroken. The price shows some weakness from buyers, and BTC is slowly descending, although locally for now 📉.
It is possible that, considering the 4% drop in BTC dominance, we are seeing a flow of funds towards altcoins. However, for a more solid growth of these, a much more significant drop in dominance would be needed.
🤔 For now, I consider a correction scenario in BTC likely, at least towards 93-90K. Everything will be clearer in the coming days.