Good morning ☀️

Daily review $BTC

❌Liquidations on the market over the last 24 hours, CoinGlass: ~82 K traders, for a total amount of ~$248 million - ~70% long positions and ~30% short positions.

As stated, V-shaped bounce is very rare. BTC quickly returned to the local minimum, taking with it a large number of long positions📉

Let's see whether there will be an attempt to continue the fall after #Bitcoin short-term unloading or whether the price will begin to form some kind of pattern. I'm more inclined to the second option, since the indicators are still overloaded.

📉Medium term, $BTC may still test the psychological mark of 50K, but I don’t think we’ll be here for long. As I said yesterday, I don’t expect a correction that will be too long. Large players will take positions, collect liquidity and the price should go up.