Bitcoin dipped below $67,000 in the last 24 hours, triggering over $300 million in liquidations. Traders using leverage were hit hard as stops cascaded across exchanges, forcing rapid position unwinds. The market is now hovering around the $65K–$67K liquidity zone, an area historically prone to sharp reactions once resting orders are cleared. This zone often acts as a magnet for both buyers and short-term sellers, creating a tense balance where even small moves can trigger big ripples across exchanges.
Looking above, $69K–$72K is stacked with a large cluster of resting orders, representing the next likely target once the downside sweep completes. Markets naturally hunt liquidity, and with this bigger pool overhead, momentum could quickly shift if bulls defend the lower zone. A successful hold here could trigger a short-term squeeze, accelerating Bitcoin toward $72K and potentially marking the final flush before the next rally. Traders and investors are watching closely, weighing risk and opportunity in this high-stakes setup. What's your take on it ,will btc go to $52k or renounce back 🔙?
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