Hey, guys.
Bitcoin continues to bounce smoothly from the local bottom. And I think we have chances to test the average values around 60-62K in the short term. Looking at the liquidation chart we can see that short term price is easier to move up in this situation. But in the medium term, we may resume the downtrend again, possibly with a renewal of the low. Volume zones that are saturated with liquidations are at 53 and 60K levels.
Stay tuned.
