Liquidity shows more than any forecasts
Every time the market weakens, one question arises: where will the final bottom of BTC be? Many refer to round levels — 60k, 55k, 50k. But the market does not focus on nice numbers. It focuses on liquidity — on where the largest clusters of liquidations and stops are located.
Today, such zones are located significantly lower than current prices. The ranges of 49–52k and 42–46k are areas where a huge amount of long liquidations and leverage is concentrated. Algorithms see them as a magnet: as long as there is 'meat' below, the price will strive towards it.
This is not a bearish forecast — it is the mechanics of the market. Before each major cycle, Bitcoin conducts a cleanup: it collects liquidations, pushes out weak hands, and redistributes positions in favor of strong players. Only after that does the opportunity to form a sustainable reversal appear.
The bottom is not a level, but a state of the market: where there's no one left to knock out. And when liquidity is exhausted from below, a new cycle begins.
