$BTC Good morning ☀️
BTC Daily Review
❌Liquidations on the market over the last 24 hours, CoinGlass: ~28 K traders, totaling ~$45 million - ~60% long positions and ~40% short positions.
If you look at lower timeframes, BTC may very likely form a bearish flag and, after a slight correction to 70K - 70.6K, will continue to fall to the -27% Fibo zone, to 67K, where an important support zone also lies. This is a local scenario.
❗️Such a movement is quite acceptable before breaking through the global zero Fibo level within 72K. Therefore, a descent to 67K and a rebound upward will mean that a breakout of 72K is more likely. This is already a medium-term scenario.
👀Collecting liquidity closer to 75K and then going down will be great. Without this, the market will not be able to move anywhere on a global scale.
