Daily BTC Review $BTC #Write2Earn

❌Liquidations in the market over the last 24 hours, CoinGlass: ~37 K traders, totaling ~$113 million - 25% long positions and 75% shorts.

So much for the return of volatility and normal price movements. And we didn't have to wait until the end of the week. The price is once again testing an important resistance zone within 45K📈

The important point is that the price is once again above the Ishimoku Cloud and has fully broken above the moving averages on the 8-hour timeframe.

❗ If now #BTC fails to break and consolidate above 45K - we will see a rebound and a retest of the MA and the Ishimoku Cloud around 42.8K. Further we will look at the situation.

It is important to understand:

⚫ Full break of 45K - cancel or at least postpone for some time the descending scenario.

⚫ A rebound from the corrective Fibo zone, with the confirmation of the seller's strength - may lead to a fall first to 42.8K - 40K, and then to 35K.