Bitcoin Sweeps Liquidity 'Pockets' Amid Doubts Over $67,000

Bitcoin neared $67,000 at Monday’s Wall Street open as a US–Iran ceasefire deal pushed risk assets higher. Details of the agreement, set to be signed later in the week, helped the S&P 500 and Nasdaq Composite add up to 2.4%, and a post on Truth Social noted that “Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz.” Market participants differed on whether BTC would hold its relief bounce.

Trader Killa said the week could see a rejection above $67,000, while JDK Analysis cautioned it was “still too early to call” a reliable bottom even as resistance breaks opened the door for a larger upside move; the account added that “strong bottoms take time” and warned of a major pocket of untapped liquidity below.

Liquidity conditions remain thin, making it comparatively “easy” to push prices higher, a commentator noted, and CoinGlass data showed short liquidations swept around the US open.

United States, New York

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