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Daily BTC Review
❌Liquidations in the market over the last 24 hours, CoinGlass: ~81K traders, totaling ~$252 million - 45% long positions and 65% shorts.
Despite being highly overbought on many timeframes, bitcoin continued to rise towards the previously outlined resistance level of 45K📈
Since bitcoin in the current market can move without correction, and certainly we can not forget about the acceleration of growth, it is worth noting other important resistance levels above:
⚫️45К - already marked, its breakthrough will mean further upward movement.
⚫️48К - the maximum of 2022, from which the impulsive decline to 15.5K began.
⚫️50К - psychological resistance.
⚫️52К - another resistance level, but already in 2021, acting as a resistance to growth to 70K.
❗️there are only two main supports from below - 40K and 38K. It is definitely not worth going lower to avoid breaking the upward structure.