Daily $BTC Overview

šŸ”“Market liquidations over the past 24 hours, according to CoinGlass: ~31K traders were liquidated, amounting to ~$67 million ā€” ~45% long positions and ~55% short positions.

Friday closed well for Bitcoin. Saturday was calm around 67K. Sunday is likely to be similar. We can expect continued growth next weekšŸ“ˆ

There is currently no significant seller reaction around the current resistance level. If we see a solid consolidation, then after breaking 67K, we can confidently expect continued growth towards 72Kā—ļø

šŸŸ£I anticipate a continued upward movement to the key resistance zone, where I will decide on a new scenario for BTC. For now, I am leaning towards seeing a drop from 72K to at least 60K, or in the worst case, to 50K