Very crucial level here.
$BTC dropped back below $69,000 this morning liquidating $121M longs!
That's $323M liquidations over the past 24 hours!!!
Now, $70,000 - $73,000 has built up significant liquidity clusters that could be swept next.
However, $65,000 - $68,000 below has roughly 1.2x more liquidity stacked up, making this the 'higher probability' zone for price to move towards next.
Bulls need to hold this level.
BTC
70,492.48
-1.54%
ETH
2,167.96
-2.93%
BNB
597.32
-3.19%