$BTC Testing Local Liquidity — Deeper Sweep Possible
Bitcoin is currently trading around the $67K area after rejecting from the value area near $68K. On the lower timeframes, price is still forming lower highs while consolidating above a short-term support zone. This suggests the market may still attempt a liquidity sweep before a stronger move develops.
Looking at the 4H structure, the most visible liquidity sits below the equal lows around $66K -62K. If price dips into this region, it would likely trigger stop-loss clusters before the market decides whether buyers will step in again. A reclaim of the $68K zone would be the first sign that bullish momentum is returning.
RSI on both the 1H and 4H timeframes is hovering near the neutral zone, indicating momentum is cooling after the recent volatility. If selling pressure slows down and buyers defend the $66-62K demand area, Bitcoin could attempt a relief bounce while the broader corrective structure remains in play.
