Good morning! What to expect from Bitcoin?
Liquidations on the market over the last 24 hours, CoinGlass: ~66K traders, for a total amount of ~$121 million - 75% long positions and 25% short positions.
Testing of the support range continues, with a rebound from its lower boundary. It is important that the buyer avoids pushing into the trend line, otherwise this may signal weakness and increase the likelihood of breaking through the support range.
For now, we remain globally within the upward trend. We are waiting for who will take the initiative in the near future, the buyer or the seller.
