Heatmap Analysis Reveals BTC’s Critical Price Levels
- Bitcoin’s price hovers at $95,401, with recent activity concentrated between $95,000 and $100,000.
- The Binance BTC/USDT heatmap reveals high-leverage zones, highlighting potential short squeezes and long liquidation risks.
- Bright clusters in the $95,000 to $100,000 range suggest high-volume liquidation sweeps due to sharp market moves.
Bitcoin’s price is around the $95,000 zone as of January 9, 2025, with critical liquidity clusters forming between $94,000 and $100,000. The Binance BTC/USDT liquidation heatmap shows several high-leverage zones where traders are at risk, offering a snapshot of the market’s current liquidity dynamics.
The heatmap shows the price ranges to be between $80,000 and $120,000, but most of the action will be in the $95,000 to $100,000 range. Analysts point to these zones as pivotal for Bitcoin’s next big move.
One key zone of interest lies above $94,000, where a bunch of short positions could trigger a short squeeze if Bitcoin’s price pushes higher. In such a scenario, traders may be forced to close their positions, which would push the price even higher. On the other han…
The post Heatmap Analysis Reveals BTC’s Critical Price Levels appeared first on Coin Edition.
Read More
Heatmap Analysis Reveals BTC’s Critical Price Levels
- Bitcoin’s price hovers at $95,401, with recent activity concentrated between $95,000 and $100,000.
- The Binance BTC/USDT heatmap reveals high-leverage zones, highlighting potential short squeezes and long liquidation risks.
- Bright clusters in the $95,000 to $100,000 range suggest high-volume liquidation sweeps due to sharp market moves.
Bitcoin’s price is around the $95,000 zone as of January 9, 2025, with critical liquidity clusters forming between $94,000 and $100,000. The Binance BTC/USDT liquidation heatmap shows several high-leverage zones where traders are at risk, offering a snapshot of the market’s current liquidity dynamics.
The heatmap shows the price ranges to be between $80,000 and $120,000, but most of the action will be in the $95,000 to $100,000 range. Analysts point to these zones as pivotal for Bitcoin’s next big move.
One key zone of interest lies above $94,000, where a bunch of short positions could trigger a short squeeze if Bitcoin’s price pushes higher. In such a scenario, traders may be forced to close their positions, which would push the price even higher. On the other han…
The post Heatmap Analysis Reveals BTC’s Critical Price Levels appeared first on Coin Edition.
Read More