#BTCvsMarkets

Currently, $BTC is heading towards a significant liquidation zone valued at over 68.52 million dollars, located at the level of 93.8K. It is also approaching an important resistance zone that extends from 93.9K to 96.3K. This is a crucial psychological level that bulls must overcome to confirm that the bull market is in full swing. If $BTC manages to activate this liquidation zone, it is likely that the resulting sell orders will flood the market. Given that the demand for BTC is high and exchanges are even experiencing a decrease in supply, these orders should execute quickly. Therefore, instead of a price drop, we could see a push towards the resistance zone to test it. However, it is also possible that buyers may be reluctant to pay such a high price for BTC near significant resistance, which would make sense.