After the squeeze, Bitcoin is now trading around the 62k region.
If buyers fail to step in and hold this area while funding remains neutral, a retest of the 59k support zone becomes likely.
On the other hand, if bulls can reclaim and hold above 62k, the next target sits around the 63k zone.
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BTC is compressing beneath the 61k liquidity zone after the recent sweep into 58k.
What’s interesting is that Open Interest remains relatively flat while price continues to trend higher. That suggests this move is not being driven by aggressive new leverage, but rather by spot demand and short covering.
As long as BTC holds above the 60k area, the nearest liquidity target remains 61k, followed by the larger cluster around 61.8k–62k.
That said, funding remains elevated. If longs become overcrowded, the market could still engineer a flush toward the 58.3k liquidity pool before resuming higher.
For now, the liquidity map favors a sweep higher first, but risk remains on both sides.
BTC is compressing beneath the 61k liquidity zone after the recent sweep into 58k.
What’s interesting is that Open Interest remains relatively flat while price continues to trend higher. That suggests this move is not being driven by aggressive new leverage, but rather by spot demand and short covering.
As long as BTC holds above the 60k area, the nearest liquidity target remains 61k, followed by the larger cluster around 61.8k–62k.
That said, funding remains elevated. If longs become overcrowded, the market could still engineer a flush toward the 58.3k liquidity pool before resuming higher.
For now, the liquidity map favors a sweep higher first, but risk remains on both sides.
All major support structures failed after the rejection from 66k, putting sellers firmly in control.
Price is now testing the 59k zone, which is a critical support area. If buyers can defend this level, we could see a relief bounce toward 62k–65k.
However, until higher highs and higher lows are established, the broader structure remains bearish.
Bitcoin is showing signs of stabilization after weeks of volatility.
The 59k–60k zone continues to attract buyers, while sellers remain active around the 64k–65k region.
Until either side gains control, we’re likely to remain range bound.
67k is getting tested again after buyers stepped in aggressively around the 65k zone.
If buyers continue defending this level, don’t be surprised to see a squeeze toward 68k. For now, momentum appears to be shifting in favor of the bulls.
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Bitcoin is showing signs of stabilization after weeks of volatility.
The 59k–60k zone continues to attract buyers, while sellers remain active around the 64k–65k region.
Until either side gains control, we’re likely to remain range bound.
Bitcoin is showing signs of stabilization after weeks of volatility.
The 59k–60k zone continues to attract buyers, while sellers remain active around the 64k–65k region.
Until either side gains control, we’re likely to remain range bound.
It’s been two weeks of bearish price action, with Bitcoin repeatedly failing to reclaim and hold above the 80k zone. That suggests the market is still in a distribution phase.
We finally got the flush into the 71k region, but this could simply be a relief bounce. I’m watching the 74k–75k zone closely, where sellers may step back in.
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As anticipated, price rotated back into the 77k zone.
Now the focus shifts to whether the market attempts another push toward 81k.
Could be a strong start to the week if momentum returns.
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We could see a move back towards 77k if the 81k zone fails to hold.
Price has spent the week attempting to reclaim the 80k region, but sellers continue to apply pressure.
I still don’t understand why so many traders continue to trade blindly.
The market repeats the same patterns over and over, yet most people ignore structure and liquidity.
Some hold trades for months waiting for one target, while opportunities exist in every trend and rotation.
The market constantly gives clues patience and understanding are what separate traders from gamblers.
We could see a move back towards 77k if the 81k zone fails to hold.
Price has spent the week attempting to reclaim the 80k region, but sellers continue to apply pressure.
After calling the move to 79k, price continued higher into the 82k liquidity zone.
Now that liquidity has been swept, a retracement back towards the 79k region looks likely.