š BITCOIN'S FATE: IS THE $69K LIQUIDITY WICK REQUIRED?
ā¢ $BTC has violently dropped below the crucial 50-Week Moving Average and the $93K support zone.
ā¢ The immediate reversal path is gone. We must now test deeper demand.
BTCUSDT
Perp
92,554.7
+3.66%
THE PROBLEM : Will the market consolidate here, or does it need the final flush?
Target 1: The $80,000 - $78,000 demand zone. This is the first stop for a Scenario 2 bounce.
Target 2: The Max Pain Zone at $69,000. Scenario 3 requires this deep wick to clear all remaining weak hands.
Watch the volume at these green boxes. Your entire Q1 2026 positioning depends on this liquidity grab.