Bitcoin Liquidity Heatmap Indicates Potential Squeeze to $111,000

Bitcoin is currently priced below $96,500, with potential for a short squeeze indicated by Binance’s liquidation heatmap. Analyst Kevin highlights significant liquidity pools forming both above and below this trading range.

Liquidation heatmap shows large liquidity at 91K and 111K levels.
Recent market activity aligns with Kevin's earlier predictions of liquidity sweeps.
High emotional volatility noted among traders, impacting market focus on altcoins rather than Bitcoin's broader metrics.
Billions in potential liquidations are concentrated at 111K, suggesting a possible relief rally.
The Fear & Greed Index indicates a current “fear” sentiment, which may signal an upcoming price shift.

Kevin suggests that the market's narrow focus on altcoins could lead to missed signals regarding Bitcoin's liquidity structure. He anticipates a momentum shift higher as the market stabilizes.

As of now, BTC trades at $96,334.