$BTC Swept the liquidity below and set its sights on $85,000!
The price in the chart has rebounded above $80,000.
A dense liquidity band is lighting up between $85,000 and $86,000!
But resistance remains near $82,000.
Can the bulls keep sweeping liquidity to the upside?
In this heatmap, BTC previously dipped to around $76,000. After touching the liquidity band below, it quickly rebounded and climbed back above $80,000. The area between $85,000 and $86,000, marked by the red box, is a prominent liquidity cluster overhead. However, there is also a clear concentration around $82,000–$83,000, which the bulls will need to break through before moving higher.
I’ll first be watching to see whether $80,000 holds, then whether buyers can decisively break through the recent high near $82,000. If the price breaks out and holds on a retest, with buyers continuing to step in, the liquidity around $85,000 will be more likely to come within reach. If the rebound stalls and the price falls back below $80,000, support around $78,000 will need to be tested again, while the $76,000 area will remain an important level to watch.
If $80,000 holds and the bulls reclaim $82,000, they’ll have a chance to keep pushing higher.
Once buyers break through the resistance near $83,000, the battle for $85,000 will get even more interesting!
Tap the card below and get started! 👇
$ETH $SOXL
The price in the chart has rebounded above $80,000.
A dense liquidity band is lighting up between $85,000 and $86,000!
But resistance remains near $82,000.
Can the bulls keep sweeping liquidity to the upside?
In this heatmap, BTC previously dipped to around $76,000. After touching the liquidity band below, it quickly rebounded and climbed back above $80,000. The area between $85,000 and $86,000, marked by the red box, is a prominent liquidity cluster overhead. However, there is also a clear concentration around $82,000–$83,000, which the bulls will need to break through before moving higher.
I’ll first be watching to see whether $80,000 holds, then whether buyers can decisively break through the recent high near $82,000. If the price breaks out and holds on a retest, with buyers continuing to step in, the liquidity around $85,000 will be more likely to come within reach. If the rebound stalls and the price falls back below $80,000, support around $78,000 will need to be tested again, while the $76,000 area will remain an important level to watch.
If $80,000 holds and the bulls reclaim $82,000, they’ll have a chance to keep pushing higher.
Once buyers break through the resistance near $83,000, the battle for $85,000 will get even more interesting!
Tap the card below and get started! 👇
$ETH $SOXL
