Hey guys.
Bitcoin actually worked off its plan for the week and reached 93K.
At this point, most market participants expect the rally to continue to the 95K and even 100K zone, which can be seen on the liquidation map, where the volume of liquidation in long positions is at 82K - 7.5bn, and in short positions when the price reaches 100K 2.5bn. Therefore, I do not exclude that before the continuation of growth, the price can go to the 85K and 79K zones to test supports, for many who believe in endless growth, such a movement will be a surprise. Whether this scenario will be realized or not we will see. Take this into account in your trading so that you are not taken out at the first correction.
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Stay tuned.
