Good morning ☀️

BTC Daily Review

❌Liquidations on the market over the last 24 hours, CoinGlass: ~42 K traders, totaling ~$33 million - ~70% long positions and ~30% short positions.

If we look at the weekly timeframe, we can see the formation of a reverse bullish divergence on the chart, where the price lows are rising and the RSI is falling. This is a fairly strong upward signal📈

❗️But, in any case, confirmation is needed. In this case, this is a full-fledged rebound and breaking through 72K. Let me remind you that we are looking at the chart in the medium term.

👀That’s why we’re watching. This week, and with it the month, will close today. On the next one, I would like to see a full-fledged rebound and the beginning of growth to at least 72K.

#btc #notcoin