Bitcoin Stuck Between Two Liquidity Zones — Which Will Break First?

Bitcoin finds itself squeezed between two significant liquidity pools, with both bullish and bearish forces racing against time. As tension escalates and liquidity builds on both ends, the impending movement seems less about direction and more about which side will capitulate first. Lennaert Snyder's latest analysis highlights a crucial High-Timeframe (HTF) liquidity pool around the $65,300 mark, viewed as a prime target for long positions. Instead of placing a blind order, the approach involves waiting for prices to breach this area and watching for high-probability reversal signals to substantiate a bottom. Before hitting the lower HTF liquidity, there are possible short-selling chances to capitalize on downward movements, particularly around an M15 liquidity sweep near $69,900, where a confirmed bearish market structure break would trigger short positions. Conversely, should Bitcoin rise to sweep liquidity above $71,450, a shift in market structure could signal a retreat back toward the primary $65,300 target. This analysis stresses the importance of patience and strategic entry points rather than speculative predictions, given the unpredictable nature of the price's descent into the $65,300 box. Bitcoin's 24-hour heat map reveals concentrated liquidity areas, prompting speculation about which side market makers might target next. The $67,800–$68,200 zone is particularly prominent as it houses numerous long positions. A sharp price movement into this area could grab liquidity and help rebuild momentum. On the upside, potential for a short squeeze exists between $71,500 and $72,500, where a heavy concentration of short positions resides. If Bitcoin can maintain levels above $70,000, there’s a chance for a bullish surge to cover the gap. Overall, price fluctuations are currently constrained between two main liquidity blocks, often leading to a breakout toward the more dominant target. While both sides remain at risk, analysts anticipate a dip below $68,000 before any significant push toward the $72,000–$76,000 range materializes.