Bitcoin showed strong volatility today as it pushed above $72,000, triggering over $70M in liquidations across the market. This move confirmed the bullish momentum we were expecting.

Just yesterday, we mentioned that BTC looked ready for a push higher and shared targets around $71K and $72K — and today the market successfully reached both levels.

Congratulations to everyone who caught this move. 🎉

Now let’s talk about what could happen next 👇

For now, we are still holding our long position, with the stop loss already moved into profit to secure gains.

At the moment, Bitcoin is facing strong resistance around $71,700.

If we see a 15-minute candle close above this level, it could trigger another bullish move toward $73,000 – $74,000.

On the other hand, there is also a large liquidity pool near $69,000, estimated around $67M.

If BTC fails to close above $71,700, the price might first sweep this liquidity around $69K before making a potential move upward toward $73K.

For now, we are closely monitoring the market while keeping our positions protected in profit.

Bitcoin could provide great scalp trading opportunities today, so keep a close eye on the charts. 🚀📈