The post Bitcoin Price Prediction: Will BTC Drop to $65K Before a Short Squeeze Toward $75K? appeared first on Coinpedia Fintech News
Bitcoin price is once again stuck below the psychological $70,000 level, and the price action is starting to feel compressed.
After multiple attempts to reclaim the $69,500–$70,000 zone, BTC continues to face rejection. The repeated failures have increased short-term selling pressure, while leverage builds on both sides of the market. Open interest remains elevated, and funding has begun to shift, a sign that traders are positioning aggressively for the next move.
When leverage expands during tight consolidation, volatility usually follows. The real question now is simple: Will BTC price sweep liquidity below $65,000 first or break higher and squeeze shorts toward $75,000?
Bitcoin Liquidation Map Shows Heavy Liquidity at $65K and $72K–$75K
The Bitcoin exchange liquidation map reveals two major liquidity clusters: a dense long liquidation zone near $65,000–$64,000, and a growing short liquidation pocket between $72,000 and $75,000. Currently trading around $67,000–$68,000, BTC is sitting between these two liquidity pools, effectively trapped in what traders call a “liquidity sandwich.”
Source: X
Markets tend to move toward the nearest and largest liquidity cluster first. In this case, the heavier and closer pool sits below the current price. That increases the probability of a move toward $65K to trigger long liquidations before any sustained rebound. However, once that liquidity is absorbed, the path toward the upside cluster opens, especially if short positions begin to stack above $70K. This setup favors volatility expansion in both directions.
Bitcoin Price Chart: Key Levels to Watch
On the short-term price chart, Bitcoin has already lost the 0.382 Fibonacci level near $67,200, indicating weakening momentum. The next technical level sits at 0.5 retracement: $65,700 and 0.618 retracement: $64,300. These align closely with the liquidation cluster below, reinforcing the idea that a sweep toward the $65K zone is technically and structurally reasonable.
So far, BTC continues to print lower highs on the intraday timeframe. That keeps the short-term structure tilted bearish unless the price reclaims $70,000 with conviction.
In simple terms:
Below $70K, sellers remain active
Below $67K, downside liquidity becomes vulnerable
Below $65K, cascade risk increases
Bullish Scenario: Liquidity Sweep Followed by a Short Squeeze Toward $75K
In the bullish case, Bitcoin first drops toward $65,000, triggering long liquidations and absorbing downside liquidity. If buyers step in aggressively at that level and funding resets, BTC could rebound sharply. A reclaim of $70,000 would likely trap late shorts and open the door toward the $72K–$75K short liquidation cluster.
A squeeze through $72K could accelerate momentum quickly, potentially pushing BTC toward $75,000 before facing fresh resistance. This scenario depends on strong spot buying near $65K, stabilizing open interest and short build-up above $70K.
Bearish Scenario: Breakdown Below $65K Extends the Correction
If $65,000 fails to hold, the setup changes materially. A decisive break below $64,000 (0.618 Fib) could trigger a deeper liquidation cascade. In that case, Bitcoin may extend toward the $62,000–$60,000 support region.
For this bearish continuation to unfold, selling pressure must remain persistent, and open interest would need to decline further without meaningful absorption. That would invalidate the short-squeeze thesis, at least temporarily.
Final Outlook: Bitcoin at a Liquidity Decision Point
Bitcoin is not trending cleanly right now; it is compressing between major liquidity zones. The market is building leverage on both sides, and that usually precedes sharp moves. The liquidation map suggests $65K is the nearest magnet. What happens there will likely determine whether the BTC price rallies toward $75K or slides into a deeper correction.
For now, $70,000 remains the immediate barrier, and $65,000 is the level that could trigger the next wave of volatility.
