Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000

Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000


Crypto analyst Dippy has laid a bullish narrative for the Bitcoin future trajectory, suggesting that the flagship crypto could soon hit a new all-time high (ATH). This comes despite Bitcoin’s recent drop below $68,000.  

Bitcoin Could Experience A Massive Pump Above $73,000

Dippy suggested in an X (formerly Twitter) post that Bitcoin could enjoy a price pump once it reaches the liquidity zone around $73,000. He noted that many short traders have their stop losses or liquidation levels around that price level, which could be the catalyst for this price pump since liquidations of short positions can easily flush out the bears.

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The crypto analyst also outlined another scenario that could play out, which presents a bearish outlook for Bitcoin. He claimed that Bitcoin’s

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