Bitcoin at Pivotal Monthly Close: Analyst Warns of Liquidity Sweep or 'Violent' Breakdown Clickable image
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Bitcoin at Pivotal Monthly Close: Analyst Warns of Liquidity Sweep or 'Violent' Breakdown



Bitcoin is once again sitting at a critical juncture as the market digests a fresh correction. After prices dipped to roughly $88,000 last week amid weak investor appetite, the top crypto has only seen modest relief — and a looming monthly close could dictate direction for February.

Veteran analyst KillaXBT says Bitcoin is heading into a pivotal monthly candle close next week. Earlier this month BTC “swept” external highs near $94,600 but was met with strong rejection, sending price back toward the low end of its recent $88,000–$90,000 range. Those rejections left pronounced upper wicks on higher timeframes — a classic sign of aggressive selling and liquidity being taken — but wicks are often retraced as market liquidity rebalances.

With a full trading week still to go before the monthly candle shuts, KillaXBT outlines three primary scenarios that could shape February’s price action:

– Bounce into month-end (favored): Bitcoin rallies into the monthly close, producing a stronger candle. February could start with BTC carving the upper portion of the current wick and revisiting the low-to-mid $90,000s, then potentially rolling over later in the month toward the $83,800 area.
– Flat close then liquidity hunt: BTC closes the month near today’s levels (~$89,000), then moves up early in February to hunt liquidity in the $91,000–$92,000 band before resuming a downward bias. Both this and the first scenario imply the market may move higher initially to rebalance liquidity before resolving lower.
– Breakdown (bearish): A more severe path would see Bitcoin retrace below the weekly/monthly open at $87,664 and close beneath it before February — a development KillaXBT calls “violently bearish,” as it would increase the odds of a rapid move toward lower supports in the new month.

KillaXBT leans toward the first two scenarios, noting that extreme bearish sentiment means a move higher is the least-expected outcome and therefore plausible as a liquidity sweep. The analyst also warns that a sustained loss of the $83,800 support would materially change the risk picture for anyone holding long positions.

At press time Bitcoin trades around $89,645, up about 1.4% over the past 24 hours.

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