
🚨 $BTC Liquidation ALERT: After holding that critical 64k battleground we identified in the previous update, Bitcoin has bounced back to around 66k, but now faces the overhead resistance levels that have been building throughout this decline. The liquidation heatmap structure remains largely intact, with short liquidation zones still concentrated around 74k to 76k, 80k, and extending toward 94k. Below the current price, we tested that 64k liquidation cluster during the dip, but notably the 62k to 60k long liquidation zones remain untouched, sitting as potential targets if selling pressure resurfaces and pushes through the 64k support again. The DOM on the right hand side reveals why this bounce is meeting resistance and could be short-lived. The 67k level that we noted as a major barrier in the last update has actually grown even heavier, now showing a massive 268M+ in asks compared to the 126M we saw before. This represents significant selling pressure that any recovery attempt needs to absorb. On the support side, we have around 126M at 65k and 89M at 66k providing some cushion at current levels. The setup suggests that while the bounce from 64k shows buying interest at those lower levels, the path higher faces an increasingly formidable wall at 67k, and breaking through that would be necessary before price can challenge the heavier resistance zones in the 70k plus range.
