Bitcoin’s Price May Fill Liquidity Gaps Between $74K and $62K
- Bitcoin could retrace to fill liquidity gaps between $74,000 and $62,000.
- The fill may happen before Bitcoin moves up again.
- These gaps are significant support areas for Bitcoin’s price.
With liquidity gaps lying just in proximity, Bitcoin is witnessing an important current price action just to specify where the next impulse leg could occur. As on March 19, 2025, the trading price of one Bitcoin was $82,796.76, while the price continues to struggle to show retracement. The liquidity gaps under observation are two-fold: The first is from $74,483-$70,796, while the second lies between $64,800-$62,033. With Bitcoin now approaching these levels or zones, traders are left wondering whether the cryptocurrency will fill these gaps before regaining its bullish momentum or whether it will rally to even higher highs.
Current Price Action and Resistance Levels of Bitcoin
Bitcoin has observed its bullish run since the start of 2025. It traded from a low of about $47,000 in early January to about $82,796.76, which is the current price. By the look of the charts, some retracement in the price could be observed very soon, for the acute rise of Bitcoin faces resistance on the upper levels. The price had been trending up until now but was just sneaking below the key resistance area around $84,000-the upper level of the range that sellers would like to gain conviction to sell off against.
As per the charts, Bitcoin was dominant in this range but could not be called invincible. A retracement would bring price levels back towards the first liquidity gap sitting between $74,483 and $70,796. This area is significant because it constitutes a vital support zone for Bitcoin before any further upward movement. Should Bitcoin fail to be maintained at this level, then the next possible support zone lies around the second liquidity gap between $64,800 and $62,033.
Liquidity Gaps and Their Effects
Liquidity gaps often serve as support or resistance areas on any direction for Bitcoin, and they help to set the path for future price actions. The first gap at $74,483 to $70,796 is a firm support area where the price of Bitcoin may hesitate or bounce. This gap would act as a buying zone for traders to step in and acquire Bitcoin for the expected bounce.
The second gap between $64,800 to $62,033 could be the buying zone subjecting to some price pressure if the price would further sink. This gap, while more remote to current pricing, could set an important buying position before reconvening on a bullish course; however, this could also prove to be the deepest level of correction of some greater magnitude, implicating behavior based on map sentiments and the ability of Bitcoin to remain above such pivotal zones.
Will Bitcoin continue with the rise, or will it retrace?
Now that traders have posed a key inquiry, will bitcoin mount a steady upward course from this point, breaking above the $84,000 resistance level, or will it first retrace to lessen the liquidity gaps? Given the setting on the chart right now, it seems more logical to expect pullbacks toward the first liquidity gap between $74,483 and $70,796, which should be the preference of all traders plotting any considerable upside price action. With Bitcoin’s price action suggesting consolidation at resistance levels, a retest of these s .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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