Good morning ☀️
BTC Daily Review
❌ Liquidations on the market in the last day, CoinGlass: ~64 K traders, for a total amount of ~$154 million — ~70% long positions and ~30% short positions.
It seems that Bitcoin has already chosen the vector of further movement for this week - we are seeing a bounce down from the trend line. The buyer could not show strength and break through it 📉
Let's look at the retest daily MA200 within 63.7K - this is the nearest dynamic level of support. But if it breaks through, we will continue the decrease to at least 60K.
🤔 We can test the trend a few more times, but if the buyer does not show strength and does not break higher, we will go to work out the falling scenario - back to 50K. This will be the final decline before the start of active growth.
Copy trading on Binance 🔀
