
While equities, gold, and silver are all selling off, Bitcoin is holding steady around $69K–$70K, showing notable relative strength. The $BTC liquidation heatmap reveals a massive short liquidation cluster at around $76K to $77K (upper arrow) with density at 80.45 (the highest we've seen in this entire series) while long liquidation sits at around $66K (lower arrow). 📈 Bull case: BTC decoupling from risk assets during a broad selloff is a noteworthy signal. If this resilience holds, the $76K–$77K short wall is a magnet, and a sweep there would trigger the most violent squeeze we've tracked so far. Clean air to $80K+ after that, possibly. 📉 Bear case: Crypto often lags traditional markets on the way down. If the equity selloff deepens, Bitcoin's relative strength could crack, sending it into the $66K long cluster, and the broader risk-off environment would make that level much harder to defend. What do you think? 🤔
