BTC/USDT: Sweeping toward $78K or a correction to $75.6K?
The price of
#Bitcoin is currently trading in the $77,300 area, trapped between a massive accumulation of sell-side supply and key institutional demand blocks.
By analyzing the heatmap along with the 15m price action, these are the levels you should watch today:
📊 Liquidity Key Points
🔺 Resistance and Upper Liquidity ($78,000 - $78,200):
The heatmap shows a strong band of accumulated liquidations around $78,100.
Above, there’s market emptiness (Fair Value Gaps) that act like a magnet. If buyers keep up the pressure, the market will seek to liquidate short positions in this zone.
🔻 Support and Institutional Demand ($75,600 - $75,800):
This is the area with the highest identified buying volume (+$79K in demand nodes).
Losing the psychological level of $76,000 would open the door to a deep retest of this band before seeing a new impulse.
1️⃣ Long / Bullish Scenario: Confirmation above $77,500 to target profit-taking liquidity in the $78,000 - $78,200 range.
2️⃣ Short / Bearish Scenario: Clear rejection at $77,800 or a loss of support to look for entries into the $75,800 demand block.
⚠️ Always maintain strict risk management using a Stop Loss. The crypto market is highly volatile.
💬 Do you think we’ll break above $78,000 today or go back to retest support at $75,800? Leave your analysis in the comments! 👇
#CryptoTrading #TechnicalAnalysi #coinglassbinance $BTC