Alex Dudov
Bitcoin continues to trade within a defined range, rotating between support and resistance without establishing a clear directional trend. Writing for his followers, crypto analyst Lennaert Snyder laid out the game plan simply: trade the range until the market proves otherwise, with both long and short setups available depending on how price reacts at key liquidity levels.
BTC Bitcoin Range Structure Holds Between $65K and $72K
The chart shows BTC consolidating between roughly $65,000 and $72,000, with price currently sitting near the lower boundary of the range. Repeated rejections near the highs and consistent support near the lows have carved out a well-defined sideways channel that traders are now actively working.
Trade the range until it breaks. Both sides are in play - longs near the lows, shorts near the upper liquidity zones.
This matches the broader market picture, where Bitcoin has remained range-bound around $66K-$67K as a fair value zone without breaking out in either direction.
$69K-$72K Liquidity Zones Are Pulling Bitcoin Price
One of the defining features of this setup is where liquidity is sitting. The chart highlights levels near $69,487 and $72,000 as key upside liquidity zones - areas where price is likely to reach before triggering orders and potentially reversing.
Price moves toward liquidity before making its next real decision. The $69K-$72K zone is where the action is.
Similar setups have shown Bitcoin targeting liquidity clusters inside established ranges, with upside zones acting as short-term magnets before rejection kicks in. On the downside, liquidity sits below the current range low, with levels near $60,000 identified as a deeper pool that becomes relevant if the range structure breaks.
BTC Trading Strategy: Shorts at $72K, Longs at Range Lows
The current position near range support opens the door for potential long setups - particularly if price delivers strong reversal signals. However, higher timeframe pressure still leans downward, keeping the overall tone cautious.
The strategy breaks down like this:
- Shorts near upper liquidity zones around $69K-$72K
- Longs near range lows or after deviations below support
- Additional interest in reversals if price dips below $65K
Until something breaks, the market stays reactive - liquidity is the guide, not trend.
This kind of structure is typical of a market that's reactive rather than directional, where liquidity drives short-term moves rather than momentum.
Bitcoin Consolidation Phase Continues Without Breakout Confirmation
Bitcoin remains locked inside its range with no confirmed breakout or breakdown. Price keeps rotating between support and resistance, and BTC has struggled to reclaim higher levels after rejection near resistance, reinforcing the ongoing consolidation phase.
Until the range gives way, this rotational behavior is likely to continue. For now, traders are keeping their focus on liquidity rather than trend continuation.
Alex Dudov
