#StrategyBTCPurchase
Liquidity Clusters & Market Action
There is a notable liquidity cluster for BTC around the $69,000-$70,000 level on the upside, and another around $66,000 on the downside.
The market recently tested the $66,000 threshold, with a sharp drop from near $69,000 to under $66,500, resulting in significant long liquidations (over $79 million).
Market Sentiment & Price Movement
The crypto market is currently looking weak, as indicated by recent price action and liquidation events.
A sweep of downside liquidity (testing or breaking below $66,000) followed by a potential rally aligns with current market dynamics.
Additional Context & Trends
If BTC manages to recover, the next resistance levels could be around $72,000, $72,200, and $72,500.
Monitoring large transactions
Liquidity Clusters & Market Action
There is a notable liquidity cluster for BTC around the $69,000-$70,000 level on the upside, and another around $66,000 on the downside.
The market recently tested the $66,000 threshold, with a sharp drop from near $69,000 to under $66,500, resulting in significant long liquidations (over $79 million).
Market Sentiment & Price Movement
The crypto market is currently looking weak, as indicated by recent price action and liquidation events.
A sweep of downside liquidity (testing or breaking below $66,000) followed by a potential rally aligns with current market dynamics.
Additional Context & Trends
If BTC manages to recover, the next resistance levels could be around $72,000, $72,200, and $72,500.
Monitoring large transactions