CryptoReviewing
CryptoReviewing|Aug 20, 2026 16:13
Everything has just changed. BTC pumped to $72,400 yesterday liquidating $3.58B! But this is the important part: Yesterday, I said reclaiming $65,000 would be very Bullish. That’s now happened, and in fact we've reclaimed several other key levels too. In terms of liquidity, Bitcoin now has roughly $5.7B liquidity left behind down to $61,500 and $685M above up to $75,000, meaning the HTF liquidity imbalance is now huge. On the LTF, BTC just swept the upside magnet at $72,700 with the downside magnet sitting at roughly $69.000, making it likely we re-visit the upside level or sweep $69k below in the short-term. BTC whales shorting just got wiped out from $64k to $72.4k, so now the sell/buy walls are very thin at $71k below and $74k above, meaning smart money are still recovering from this move before re-positioning. Meanwhile, OI has started rising again while spot demand is going parabolic which shows spot demand and leverage traders are very active right now, a good sign for a Bullish market - but if we stall there's slight risk over-leverage good trigger a sudden flush. So to make things simple for you: The short-term picture is now 50/50, but the bigger picture looks considerably better. - Reclaiming $65K-$67K has completely changed the structure Bullish - $72.7K has now been swept, with $69K the closest downside magnet - Holding $69K-$70K keeps the breakout intact, while $74K is the next major HTF test - $5.7B liquidity left below means a larger downside flush is still the main risk - Spot demand is extremely strong, but rising OI means I’m watching for over-leverage if momentum stalls I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio).(CryptoReviewing)
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