This is looking scary for BTC.🚨
Between $60K–$63K sits approximately $12 BILLION in potential long liquidations.
That’s not even including the liquidity between $63K–$66K.
We’re talking about a massive liquidation cluster just ~10.5% below current prices.
If BTC drops into this region, we could see a serious liquidation cascade.
BUT here’s what I’m watching:
> I’ll be looking for a potential LONG around $65K.
> This is a high volume zone and a previous bear range high, making it an interesting area for a bounce.
I also expect some leveraged longs to close before reaching this level, potentially reducing the liquidation cluster.
$65K is my key level to watch.
$BTC
$ETH
$SOL
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise #TradFiForBeginners #BitcoinBreaksBelow200WeekMovingAverage #WhatWillDriveCryptoandStocks’NextRebound? #USPPIMissMayEaseBTCPressure
Between $60K–$63K sits approximately $12 BILLION in potential long liquidations.
That’s not even including the liquidity between $63K–$66K.
We’re talking about a massive liquidation cluster just ~10.5% below current prices.
If BTC drops into this region, we could see a serious liquidation cascade.
BUT here’s what I’m watching:
> I’ll be looking for a potential LONG around $65K.
> This is a high volume zone and a previous bear range high, making it an interesting area for a bounce.
I also expect some leveraged longs to close before reaching this level, potentially reducing the liquidation cluster.
$65K is my key level to watch.
$BTC
$ETH
$SOL
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise #TradFiForBeginners #BitcoinBreaksBelow200WeekMovingAverage #WhatWillDriveCryptoandStocks’NextRebound? #USPPIMissMayEaseBTCPressure
