📊 BTC Order Book Analysis
Above the current price, there is a heavy sell wall in the range of 72.3K to 72.6K, which is currently acting as the main resistance and preventing easy upward movement.
On the downside, we have several layers of support:
🔹 69.2K - Initial support
🔹 68.2K–68.5K - Stronger support
🔹 67K–67.5K - Deep liquidity zone
The market structure indicates that there is a high supply and demand is positioned lower; therefore, as long as Bitcoin cannot break the resistance at 72.5K, it is more likely that it will first gather liquidity at lower levels before preparing for a stronger move.
BTCUSDT
Perp
66,231.2
-0.71%