$BTC Update
BTC shocked everyone and in the last 24 hours 112 million long and 19 million short were liquidated after the ETF was approved, everyone thought that now the market would pump, but BTC did the opposite and each time, the market always evolves against the masses.
Over the last 24 hours, the liquidation represents 85.5% of the total liquidations, which means that the market is preparing for a long-term upward movement.
The BTC uptrend line is broken and now don't look long if you want to buy BTC then buy it between 38,000 and 41,000
The support is 41,400. There are currently two possible scenarios: one is that BTC will go down to the level of 35,000 to 38 and the other is that BTC has obtained liquidity and is starting to move up.
Conclusion: The BTC trend is bearish in 30 minutes, 1 hour, 4 hours, and in the daily time frame the price consolidates and in the week and in the month the trend is still bullish. Go short from 44300, its BTC resistance will now move down from this level.
