BTC price targets fix on $35K as Bitcoin eyes 'massive' liquidity squeeze
Bitcoin will spark "massive" liquidations if it rises to take out ask liquidity around $30,000, the latest BTC price analysis says. Bitcoin (BTC) stayed on course for its highest weekly close in ten months on April 2 as $28,000 held. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView BTC price analyst: "Massive" liquidations due at $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stable over the weekend after closing out March at near $28,500. A key point of resistance from earlier in its current halving cycle, the current trading zone represents a major hurdle for bulls to overcome. Should they manage it, price targets now extend beyond the $30,000 mark. Not an expert on classical chart patterns but if we can fit the current structure in it, that gives a minimum price target of 35000$ for # Bitcoin Also a nice confluence of a break above the high at 32,5K where a lot of stops are sitting to create a possible deviation above … p...