Bitcoin’s Weekend Outlook – Key Levels and Liquidity Zones

Bitcoin remains in a local trading range as we head into the weekend, with price action showing signs of rotation and liquidity grabs.

Points to Consider:

• Bitcoin deviated above the range high, potentially signaling a liquidity grab or fake breakout.
• A confirmed rejection back below the range high could target $76,600.
• Price defended the current low and backfilled a CME futures gap, but no clear bottoming structure has formed.

Key resistance sits at $85,000—remaining below this level signals continued short-term weakness. If price retests $76,600, traders should monitor the reaction to determine potential directional bias.