Bitcoin crash to $60K opens new $530M demand zone: Will bulls buy in?
A $525 million Bitcoin buy wall intersects with a major liquidation zone, creating a key battleground between $60,500 and $65,000.
Bitcoin (BTC) has fallen 3% over the past 24 hours, trading into a dense buy-side liquidity zone after slipping below $61,000. More than $525 million in buy bids initially stacked between $60,500 and $61,500 created a key area of demand as liquidation risk builds on both sides of the market.
BTC’s orderbook data shows concentrated liquidity pockets below $60,500 and near $65,000, placing liquidity flows at the center of Bitcoin’s short-term price action.
Bitcoin momentum weakens below $63,000