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Bitcoin’s Weekend Outlook – Key Levels and Liquidity Zones to Watch
In today’s intraday analysis, Bitcoin continues to trade within a local range as we enter the weekend. Price action has been largely sideways this week, with key liquidity levels being tested and defended.
Today’s report will include:
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BITCOIN LTF RANGE
In today’s analysis, Bitcoin continues to trade within a local range as we enter the weekend. Price action has been largely sideways this week, with key liquidity levels being tested and defended.
Points to Consider:
Bitcoin deviated above the range high, potentially signaling a liquidity grab or fake breakout.
A confirmed rejection back below the range high would shift the immediate target to the range low at $76,600.
Price recently defended the current low and backfilled an open CME futures gap, but no clear bottoming structure has formed yet.
The key level to watch is the $85,000 region—remaining below this level signals continued short-term weakness. If price revisits the range low at $76,600, traders should observe its reaction to determine potential directional bias on lower time frames.
With Bitcoin still consolidating, patience is crucial. Understanding how price interacts with these key levels will help define the next major move. Stay tuned for further updates as the market develops.
Hope this analysis helps.
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2:35 PM • Mar 14, 2025
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