📱Daily BTC Overview
🔴Liquidations in the market over the last 24 hours, according to CoinGlass: ~53K traders, totaling ~$78M — ~80% long positions and ~20% short positions.
There are no significant changes in the market. BTC continues to hover below 70K, and it is likely that this will not change today.
🟣Closing the weekly candle below 70K could trigger further declines to at least 67K. However, at that level, we will be watching closely for a potential bounce back to 72K, as previously mentioned.
❗️ No need to panic yet, as there is nothing critical on the chart. In the worst-case scenario, we could drop below 67K to test the lower range at 60K. But there are no signs of this happening so far, although it remains my mid-term scenario after liquidity is gathered.
