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Daily BTC Review
❌Liquidations in the market over the last 24 hours, CoinGlass: ~52K traders, totaling ~$143 million - 20% long positions and 80% shorts.
We didn’t reach 40K quite a bit, but these are all errors - the entire upward scenario worked out. This was the manipulation, when everyone expects the price at 40K, but does not believe in it, gaining short positions.
What to expect next?
Most likely, a good closing of the week at prices above 39K. And then, if everything goes well, an attempt to break through 40K. If it happens, the medium-term upward movement will continue. And the next price mark where BTC will come to will be the level of 45K📈
If BTC bounces down from the psychological mark - we can once again leave to test the support range, which is located in the 38-37.5K📉 area.