On the 4-hour timeframe, Bitcoin is currently consolidating within a liquidity range, with both buy-side and sell-side liquidity resting above and below the current price. This signals a neutral market structure where neither bulls nor bears have full control yet.
Price is hovering near a critical ascending trendline around the $67,000 level, which is acting as immediate dynamic support. Volume has slightly compressed, indicating that a volatility expansion could be near.
• If BTC holds and confirms strength above the $67K trendline, momentum could build toward the $72,000–$74,000 region, where significant buy-side liquidity and previous highs are positioned. A clean breakout with strong volume may even open the door for continuation toward higher resistance zones.
• However, if price loses the $67K support and closes decisively below it, we could see accelerated downside pressure. In that case, liquidity resting near the $60,000–$62,000 zone becomes the primary downside target, potentially triggering a sharper correction.
Currently, the market is at a key decision point. The reaction around this trendline will likely determine whether $BTC resumes bullish continuation or enters a deeper corrective phase. Traders should watch for strong confirmation signals before positioning aggressively.