📈🔍 $BTC UPDATE: EYES ON THE PRIZE! 📈🔍
☀ Rise and shine, traders! #BTC is making moves once again, testing the $60,000 resistance after bouncing off the $56,000 support. While there's no clear sign of a trend reversal yet, breaking above $60k could signal a shift in momentum. Keep an eye on closures above this key level for a bullish confirmation.
🔄 Here's the current picture:
🧑🏻🎤 Long liquidations are clustered around $52,000-50,000.
👨🏼🎤 Short liquidations are notable at $68,500 and $73,000 levels.
📊 Despite short-term fluctuations, the long-term trend remains intact, with spot CVD outlook suggesting stability. Big players are holding onto their assets, a positive sign for the market. I'm maintaining my long-term investments without alterations.
📉 For short-term relief, we need to see a breakthrough above $60,000 resistance and a breakout of the descending trendline.
Stay tuned for updates as the data unfolds & follow @Professor Mende - Bonuz Ecosystem Founder
Wishing you all a fantastic day and profitable trading!
