Bitcoin Has Liquidation Price Targets in Sight Ahead of a Big Weekly Close
The post Bitcoin Has Liquidation Price Targets in Sight Ahead of a Big Weekly Close appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) near year-to-date highs into Sunday’s weekly close as traders braced for liquidity grabs. Key points: Bitcoin enters classic fakeout territory as the weekly close coincides with the aftermath of the US-Venezuela news. BTC price action gains as much as 2% over the weekend, with $92,000 next on the bulls’ list. Crunch time for gold as Bitcoin attempts to stage a comeback. Bitcoin liquidations in view as weekly close arrives Data from TradingView tracked BTC price volatility as BTC/USD hovered above $91,000. BTC/USD four-hour chart. Source: Cointelegraph/TradingView The pair gained up to 2% over the weekend as crypto markets offered the first reactions to the US military move on Venezuela. Ahead of TradFi markets returning, traders eyed exchange order-book liquidity for clues as to where BTC price might head in the short term. “Largest liquidity cluster in close proximity sits below the yearly open around the $88K area,” Daan Crypto Trades wrote in one of his latest X posts alongside data from monitoring resource CoinGlass. “Above, the $92K level is the one to watch which is also in line with what has been roughly the range high for so long now.” BTC liquidation heatmap. Source: Daan Crypto Trades/X Commentator Exitpump additionally noted that order books had “thin air” above $95,000 — potentially providing the foundation for a quick retest of the $100,000 mark. $BTC Largest sell walls on spot orderbooks to look out for are sitting at 92K and 94K – 95K levels. Thin air above 95K till 100K pic.twitter.com/vZjwutyV4l — exitpump (@exitpumpBTC) January 4, 2026 As Cointelegraph reported, recent weekly candle closes have sparked BTC price “fakeouts” in both directions, where the market liquidates nearby positions while failing to break out of its local range. Hinting at change finally coming, trader Alan Tardigrade reported that BTC/USD had now…
Filed under: News - @ January 5, 2026 5:21 am