$BTC vsMarkets BTC Signal Alert

If Bitcoin ($BTC) hits the key liquidation zone, it could trigger a lot of sell orders. But since demand for BTC is very high right now - and even centralized exchanges (CEXs) are running low on supply - those sell orders might get bought up quickly.

So instead of the price dropping, we could actually see it shoot up and head toward the next resistance level to test it.

However, if buyers aren’t willing to pay that much for BTC near a strong resistance zone, the price might struggle to move higher — which also makes sense.