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📈📉 #BTC, crypto market. Brief update
❌Liquidations on the market over the past day, CoinGlass: ~116K traders, for a total amount of ~$335 million. ~60% long positions and ~40% short positions.
There are no significant changes in the BTC chart. But the price is already tightly squeezed between support and resistance levels. The spring has compressed, it only remains to break the resistance, which will lead to an impulsive growth towards 100K 📈
There are no prerequisites for a decrease yet. The price clearly had enough unloading within the current triangle.
🤔I think we can see a corrective decline, but from higher levels. The important resistance level will be 100K, where many will want to take their profit. And to break through at the first attempt, above such an important level, is unlikely to succeed. Therefore, at the moment, I will expect a rebound specifically from the area around 100K.