Bitcoin has a serious amount of liquidity sitting just above $75,000.
The latest liquidation heatmap shows a major concentration of leveraged positions around $74,800–$75,200.
A move into that zone could trigger a wave of short liquidations and accelerate an upside move.
But there's liquidity sitting below $73,000 too, particularly around $72,500–$72,800.
Bitcoin is approaching an interesting decision point.
Which side gets taken out first?
The latest liquidation heatmap shows a major concentration of leveraged positions around $74,800–$75,200.
A move into that zone could trigger a wave of short liquidations and accelerate an upside move.
But there's liquidity sitting below $73,000 too, particularly around $72,500–$72,800.
Bitcoin is approaching an interesting decision point.
Which side gets taken out first?
