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Bitcoin Sweeps Liquidity 'Pockets' Amid Doubts Over $67,000 Holding

Published Source: CoinTelegraphRead original

Bitcoin snatched upside liquidity as the US trading session began, but traders warned over a failure to preserve BTC price gains. Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging. **Key points:** * Bitcoin adds to gains as US-Iran peace cues trigger broader risk-asset upside. * Traders do not see downside pressure as over yet, with liquidity grabs the focus on low-time frame price action. * Flagging demand shows signs of recovery after $60,000 holds. Data from TradingView tracked BTC price action as BTC/USD added another 1.5% since the weekly close. Source: Cointelegraph/_[_TradingView_](https://www.tradingview.com/symbols/BTCUSD/) Details of the Iran ceasefire agreement, set to be signed later in the week, delivered major upside to US stocks, with the S&P 500 and Nasdaq Composite Index adding up to 2.4%. “Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” he [wrote](https://truthsocial.com/@realDonaldTrump/posts/116754269577470122). “This week is shaping up to be very interesting,” trader Killa [told](https://x.com/KillaXBT/status/2066498869400162578) X followers, eyeing a rejection above $67,000. Source: Killa/X_ Trading account JDK analysis [argued](https://x.com/The_JDK99/status/2066447105263079680) that it was “still too early to call” a reliable BTC price bottom.

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