CryptoReviewing|Nov 02, 2026 15:43
BTC market update:
Bitcoin dumped to $76,000 over the weekend liquidating $2.9B!
But here's the important part:
Bitcoin now has $915M liquidity below at $74,000 - $77,500 versus $550M above at $79,000 - $81,000.
Whales are also stacking an insane amount of bids from $74,000 - $77,000. And there are large orders above at $78,000 - $80,000 too (a bit smaller).
Meanwhile, spot demand is recovering a bit and leverage traders are very active.
Now, on the LTF, the largest liquidity zones sit at $76,800 - $77,500 below and $78,300 - $79,400 above, making these the two areas likely to sweep today.
In my last update, I highlighted $75.7k - $76.4k as the key downside area. Bitcoin dropped almost perfectly into that zone over the weekend and bounced.
So to make things simple for you:
- $75.7k - $76.4k downside zone from my last update was hit ✅
- $77.5k and $78.3k are the LTF zones to watch now
- $915M liquidity below is the bigger higher time frame liquidity zone
- Reclaim $79.4k and I favour a stronger move back towards $80k - $81k
- Lose $76.8k and I’d expect $74k - $76k to come straight back into play
I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio).
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