Bitcoin price hovers between $63,000 and $64,000, with potential for short-term volatility. Key support is around $61,000; resistance is near $64,500.
Bitcoin faces key resistance at $64,000 as retail traders go long but whales take short positions, indicating potential market pullback.
Bitcoin's volatility risk increases with higher leveraged positions, says Hyblock Capital, identifying high leverage liquidity at $58,500.
Leverage in the Bitcoin market is on the rise, with high-leverage liquidity concentrated around $58,500, reports Hyblock Capital.
Bitcoin's liquidity drop suggests a potential market bottom, with significant declines in buy and sell orders noted by Hyblock Capital.
Hyblock Capital analysts suggest that Bitcoin order books indicate a potential price bottom and an upcoming uptrend.
Low liquidity in the BTC order book suggests a market bottom, according to Hyblock Capital.