$BTC
The 15.48% drop over the last week has left the Bitcoin charts looking like a "digital graveyard" of long positions. While your screenshot shows a local bounce off $70,144, liquidation heatmaps suggest the market might not be finished with its "cleansing" process just yet.
The Liquidation Landscape: Where the "Clusters" Sit
Liquidation heatmaps act like a map of gravity. When huge clusters of leveraged positions exist at certain price points, the market tends to "hunt" that liquidity to fuel the next big move.
**The Immediate Ceiling ($78,500 – $80,000): After the recent crash,