Two Most Important Bitcoin Price Levels for Now

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Rapid squeeze Things will get interesting Advertisement After losing the psychological $80,000 level, Bitcoin is currently trading in a very risky structure. Derivatives data now indicates that liquidation zones, rather than organic spot demand, are driving price action. Two dense clusters of high-leverage liquidity that are likely to determine Bitcoin’s next significant move are highlighted in the most recent 24-hour BTC liquidation heatmap. Rapid squeeze The first critical zone is located between $79,500 and $80,500, slightly above the price. Given the volume of short liquidations in this band, many traders are poised for additional declines. A short squeeze could be initiated if the price is able to rebound into this region, forcing leveraged bears to close their positions and igniting a swift upward spike. BTC/USDT Chart by TradingView The second important level is located in the $76,500-$77,000 range, which is below the current price action. Long liquidation levels are concentrated in this area. A move into this band could set off cascading long liquidations, driving the price lower in a quick sell-off if Bitcoin drifts lower or is unable to recover higher resistance. HOT Stories Ripple Participates in High-Stakes White House Summit Crypto Market Review: XRP Abandoned by Bulls, Ethereum (ETH) Takes $200,000,000 Punch, Don't Write off Shiba Inu (SHIB) Top British Corporate BTC Holder Determined to Buy More U.Today Crypto Digest: Shiba Inu (SHIB) Eyes Potential 700% Rally, XRP Ledger Breaks Historical Record, Peter Brandt Issues Bearish Bitcoin Price Prediction Things will get interesting According to short-term data, Bitcoin is about to enter a rocky consolidation phase between these two liquidity pockets. The price is still trading below all of the daily chart’s major moving averages after breaking below an ascending support structure recently. The swift rejection of every recovery attempt demonstrates that sellers maintain control, while buyers find it difficult to gather steam. Advertisement You Might Also Like Mon, 02/02/2026 - 14:57 Jim Cramer Calls on Michael Saylor as Bitcoin Retests $77,000 By Caroline Amosun During the recent decline below $80,000, trading volume also increased, suggesting panic exits and forced liquidations rather than sound rotation. Despite a brief rebound, the RSI is still weak, indicating persistent bearish pressure. Bitcoin is probably going to keep fluctuating between liquidity zones under the current configuration until one side is forcibly liquidated. While a decline below $77,000 could lead to another leg down, a sweep above $80,000 could result in a brief rally. The market is currently searching for liquidity rather than trending. Until one of these liquidation clusters is completely cleared, traders should anticipate volatility spikes rather than smooth directional movements. Advertisement #Bitcoin #BTCUSD