Bitcoin holds $65k despite ETF outflows, traders eye $70k target

Bitcoin holds the $60k floor and stalls below $65k. Range tightens as liquidity stacks on both sides.

Short-side liquidity sits near $65k and $67.5k. Long-side liquidity pools around $60k–$63k. This map comes from an X post by Ted highlighting BTC liquidity clusters.

Near-term pivots cluster just above spot. Classical pivot analysis from Traders Union sets supports at $63,567, $62,819, and $62,435, with resistance at $65,699, $66,083, and $66,832. Their intraday model implies a ~$61,700–$65,500 band per Traders Union.

Longer-cycle context stays constructive. The 200‑week SMA still frames current prices as historically supportive per Coinspeaker’s 200‑week SMA review.

What to watch next:
- A clean move over $65k. Clears nearby short liquidity per the liquidity map on X.
- Re-tests into $63k–$62k. That zone holds stacked supports per Traders Union.
- Trend context versus the 200‑week SMA. Long-cycle support remains in play per Coinspeaker.

Price reference: Bitcoin (BTC).