After updating the BTC maximum, the market keeps a positive sentiment

‘After the overhigh, a natural rollback has begun. The volumes distribution to the nearest sources of support has begun. Trading volumes were quickly redistributed, and a new liquidity set has begun on the weekend,’ the expert notes.

‘The scenario of global growth is still the most likely. There are no signs of a serious medium-term reversal, while the volumes that were locked from above remain quite small. They were only enough to create the last growing momentum,’ says Mark Sorokin.

‘We can say the market dynamics keep positive, while there are no significant fundamental factors and technical ones play a key role. The market is directed towards buyers, so generally, we’re waiting for further growth of the key market tool,’ the expert concludes.

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