đ±Daily BTC Overview
đŽLiquidations in the market over the last 24 hours, according to CoinGlass: ~53K traders, totaling ~$78M â ~80% long positions and ~20% short positions.
There are no significant changes in the market. BTC continues to hover below 70K, and it is likely that this will not change today.
đŁClosing the weekly candle below 70K could trigger further declines to at least 67K. However, at that level, we will be watching closely for a potential bounce back to 72K, as previously mentioned.
âïž No need to panic yet, as there is nothing critical on the chart. In the worst-case scenario, we could drop below 67K to test the lower range at 60K. But there are no signs of this happening so far, although it remains my mid-term scenario after liquidity is gathered.
