Bitcoin Traders Bet on Price Rebound as BTC Eyes $85K Liquidity Grab
The post Bitcoin Traders Bet on Price Rebound as BTC Eyes $85K Liquidity Grab appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000. Key takeaways: A “squeeze” toward $85,000 is in play as Bitcoin rebounds from multimonth lows. The return of spot Bitcoin ETF inflows could fuel BTC price recovery in the short term. Can BTC price rebound toward $85,000? Bitcoin bulls fought to secure the recent recovery to $78,000 as traders hoped that further BTC price gains would follow. Bitcoin “created a massive CME gap this weekend,” analyst Daan Crypto Trades said in a Monday post on X. Related: Spot crypto volumes plunge to 2024 lows amid investor demand weakens This is the futures gap formed between Friday’s close around $84,445 and Monday’s open near $77,400. This is the “largest gap we’ve created this cycle and definitely the biggest weekend move in many months,” Daan Crypto said, adding: “Keep that gap close area around $84K on your charts as it could be a good level to watch if price were to cross back over $80K at some point.” BTC/USD one-hour chart. Source: Daan Crypto Trades Fellow analyst Titan of Crypto said that after sweeping the previous monthly low at $84,000 and past quarterly low around $80,000, BTC price could rebound toward the first fair value gap (FVG) between $79,000 and $81,000. Above that, the next area of interest is the second FVG between $84,000 and $88,000. BTC/USD daily chart. Source: Titan of Crypto A FVG happens when the price moves very fast, leaving a gap in a three-candle pattern. The first candle’s wick and the third candle’s wick don’t overlap at all, showing an imbalance where no trading occurred. Additionally, exchange order-book liquidity data from CoinGlass showed the price pinned below two sell-order clusters at $80,000 and just above $85,000. “2 strong…
Filed under: News - @ February 4, 2026 1:21 am