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Bitcoin price analysis predicts another dip after $72K liquidity sweep
Bitcoin price action liquidated shorts on Tuesday as market participants reacted to US President Donald Trump's comments on the Iran war. Data from TradingView showed BTC/USD hovering around $70,780 on Bitstamp, up 4.5% over the last 24 hours. With BTC price recovering while liquidating shorts, orders were being stacked both above and below the spot price, setting the stage for the next liquidity grab. “$BTC pumped above $70,000 yesterday, liquidating $186M shorts in the past 24 hours!” analysts at CryptoReviewing said in a Tuesday post on X. The liquidation heatmap shows that the $70,000-$72,000 supply zone has ... (full story)
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