Futures bitcoin liquidation clusters around the $66
Futures Bitcoin liquidation clusters around the $66,800 support zone could act as magnet levels for short-term retests before price resumes upward. Traders are factoring in these levels for stop placement and entry alignment. The sharp recovery marks a strong start to October, often dubbed “Uptober” by traders, after Bitcoin slipped to $107,800 in early September. Read original story Uptober Kicks Off With $1.8B Futures Buy Volume on Binance — $130K BTC Breakout Ahead? by Anas Hassan at Cryptonews.com Futures Bitcoin order book depth has improved significantly, with bids outweighing asks by 8% on major derivatives platforms. This imbalance tends to favor upward movement, particularly when on-chain transaction volumes trend higher, as seen this week.
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