Bitcoin · NewsBTC
Bitcoin Reclaims $63,500 As Traders Watch For Squeeze Toward $67,000
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Key facts
- The original setup used a $63,700 entry, $66,900 take-profit, and $62,400 stop-loss
- Instead of exiting at $66,900, the analyst pointed to a larger liquidity magnet around $67,559 and set the target below it at $67,450
- That makes the $62,800–$63,500 zone especially important — It was that BTC formed a higher low around $62,400, reclaimed the failed support area, and then started grinding higher
Summary
Bitcoin’s recovery has given bulls something to work with again, but traders are still treating the move as a level-by-level test rather than a clean return to euphoria. TradingView analyst kiv1n mapped a BTCUSDT long setup using liquidation levels, with an optimized target near $67,450. That Martini Guy said Bitcoin reclaiming $63,500 after a higher low near $62,400 makes it harder to stay aggressively bearish. The key level across the bullish case is whether BTC can hold the reclaimed $63,500 area.