Bitcoin Recovers to $63,500 as Traders Target Potential Squeeze to $67,000
By
NewsBTC Editorial Team
8h ago· 3 min readenInsight
Summary
Bitcoin has recovered to the $63,500 level, with traders cautiously viewing the move as a step-by-step test rather than a full bullish reversal. Analyst kiv1n uses liquidation mapping to target a potential squeeze toward $67,000, with adjusted entry at $63,450, take-profit at $66,900, and stop-loss at $62,400. The analysis focuses on liquidity clusters and order blocks rather than traditional support/resistance levels, suggesting a methodical approach to the current market structure.
Source
bskyBitcoin Recovers to $63,500 as Traders Target Potential Squeeze to $67,000newsbtc.comKey quotes
· 3 pulledBitcoin's recovery has given bulls something to work with again, but traders are still treating the move as a level-by-level test rather than a clean return to euphoria.
A TradingView idea from analyst kiv1n framed Bitcoin's current setup through liquidation mapping rather than a simple support-and-resistance plan.
After adjusting the plan around liquidity clusters, the analyst moved the entry to $63,450, raised t
Bitcoin bulls are watching the $63,500 support zone as traders map a potential squeeze toward the $67,000 area.
You might also wanna read
Comments
Sign in to join the conversation.
No comments yet. Be the first.