Bitcoin is heading toward a significant liquidity zone, with a major short liquidation concentration located just above the current price around $65,000, representing more than 1,500 BTC in cumulative positions. Long liquidation clusters below the current price have been largely cleared during recent corrections, which theoretically facilitates an upward move. Technically, Bitcoin is trading around $64,500, between its 20-day and 50-day moving averages, with an RSI at 53 and key resistance around $67,000. The liquidation map suggests that market makers and leveraged traders favor upside liquidity as a target, with a break above $65,000 potentially serving as the catalyst for a more significant directional move.
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