📱Daily BTC Update
🔴 In the last 24 hours, around 54,000 traders have been liquidated, with a total value of about $135 million, according to CoinGlass. About 35% of these were long positions and 65% were short positions.
Bitcoin has broken through the resistance zone of $60K-$62K and is now showing strong price growth. The next target is around $66K, which lies within the current downtrend.
❗️However, breaking this downtrend won't be easy. It started in March, and we've already seen five times where the price bounced off this line, followed by a sharp drop. Keep this in mind when trading, because if the price bounces off again, we could see it fall back to at least $60K, or in the worst case, down to $50K. #Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️ #Write2Earn!