Bitcoin Triggers Downside Liquidity Grabs at $64,780 and $63,250
Bitcoin's price has triggered fresh downside liquidity grabs at two critical levels according to the latest 1D heatmap shared by CryptoKing4Ever. The first level is $64,780 and the second is $63,250. Currently, the price of Bitcoin sits at $64,191.98 within its Bollinger band, with an upper resistance at $65,665.34 and lower support at $63,062.94.
The technical structure remains bearish as the price trades below the 50-day Exponential Moving Average (EMA) at $64,505.08 yet above the 200-day EMA at $63,904.5. The Relative Strength Index (RSI) is currently neutral at 47.83, while the Moving Average Convergence Divergence (MACD) has printed a bullish golden cross at -171.0.
Traders monitoring BTC price prediction models are now watching these exact levels for high-leverage sweeps amid ongoing Bitcoin liquidation pressure.