đ±Daily BTC Update
đŽ In the last 24 hours, around 54,000 traders have been liquidated, with a total value of about $135 million, according to CoinGlass. About 35% of these were long positions and 65% were short positions.
Bitcoin has broken through the resistance zone of $60K-$62K and is now showing strong price growth. The next target is around $66K, which lies within the current downtrend.
âïžHowever, breaking this downtrend won't be easy. It started in March, and we've already seen five times where the price bounced off this line, followed by a sharp drop. Keep this in mind when trading, because if the price bounces off again, we could see it fall back to at least $60K, or in the worst case, down to $50K. #Write2Earn! #BTCâ #Write2Earn! #bitcoinâïž #Write2Earn!