Bitcoin ($BTC) has engineered a sweep of late short liquidity above $65,000 following a multi-day build-up from the $62,000 order block. With over $740 million in institutional spot ETF inflows absorbing selling pressure, market structure is testing critical supply zones.
Key Technical Highlights:
-
Immediate Resistance: $65,600 – $66,200 (4-hour order block zone)
-
Bullish Target: A high-volume daily close above $66.2K opens the path toward $68,400 and $70,000.
-
Bearish Risk: Rejection at $65.5K could force a liquidity sweep back toward $63,800.
Is BTC building momentum for $70,000 next week, or are we setting up for a local rejection?
👉 Read the Full Institutional Technical & Trade Setup on TechnoLoger Insights
