BTC Liquidity Update – My Analysis Bitcoin recently tapped the $106,000 level, clearly pulling in l
BTC Liquidity Update – My Analysis
Bitcoin$BTC recently tapped the $106,000 level, clearly pulling in liquidity at that zone. However, this move has left a significant gap below, which now raises concerns about a potential retracement.
We also witnessed a liquidity withdrawal around the $106,400–$106,600 range. From my perspective, this was a classic liquidity sweep — a final push to grab late long entries before the market decides to head lower.
Despite a minor 1% price increase, the broader picture remains unchanged. We’re still operating within a sideways market, where random liquidations can occur in both directions. It’s in times like these that patience becomes the most important tool. No need to rush — the next big move will reveal itself soon enough.
📉 Custom Chart Image (Explaining the Analysis Visually):
Upward movement to $106,000.
Liquidity wick at $106,400–$106,600.
Downward arrows and gap zone below.
Sideways range highlighting uncertainty.
