According to data from Columbus0x, there’s currently more buying support for Bitcoin (liquidity) at prices below its current value than at higher prices. The $60,000 to $65,000 range continues to be a key price level that Bitcoin seems to gravitate towards. This is not financial advice.
Bitcoin’s price is currently stuck in a narrow range. After briefly falling to $65,500, it recovered to around $67,000 when trading began in New York, but has since stalled. It’s now trading back in the $66,000 to $67,000 range it’s repeatedly tested recently.
That repetition is exactly the problem, according to crypto analyst Columbus on X.
66K-67K Is Wearing Thin
Every time the price falls back to this level, the support weakens. As Columbus pointed out on Friday, this area has been tested repeatedly, and each time it loses its effectiveness. Instead of gaining strength, the market is actually losing it.
The MMT heatmap clearly shows a significant amount of buying interest below the current price of Bitcoin, much more than selling pressure above it. This situation hasn’t changed. According to Columbus on X, the $60,000 to $65,000 range is still a strong price level, and if the price drops to that point, it could happen quickly.
Bitcoin has consistently struggled with sufficient trading activity around the $60,000 to $70,000 price level. Data from the blockchain shows that many recent Bitcoin buyers are currently holding at a loss in this range, and there aren’t enough of them to drive a significant price increase.
The Ceiling Won’t Move
I’ve been watching Bitcoin closely, and it seems like there’s a strong ceiling around $67,000 to $69,000. Every time the price tries to push through that range, it gets quickly pushed back down. It’s not like we’re seeing resistance levels being broken; instead, it feels like there’s a lot of selling pressure right at those prices, acting like a solid wall. Basically, anyone trying to buy at those levels is immediately met with sellers, and we haven’t seen any real momentum build for a breakout.
That aligns with recent Bitcoin price analysis, which predicted that the price would likely fall after being rejected at $69,000. Analysts are now watching the $64,000 level as a potential low point.
Still no strength on the bounces. Just reaction.
What the Heatmap Is Actually Saying
The heatmap Columbus showed isn’t just a small detail; it highlights a fundamental imbalance in the market. There’s more money flowing into lower-priced assets and less into higher ones. Historically, this pattern leads to a price decline, and right now, it suggests prices are likely to fall.
According to Columbus’s post on X, if the current support level is broken, the price is predicted to drop to the $60-$65 range very rapidly – not over a long period or gradually, but quickly.
I’m not sure exactly when things will change, maybe this week or next. However, looking at the data, a sudden, unexpected increase seems very unlikely. The current information simply doesn’t suggest it’s possible.
Please note: This article shares technical analysis and opinions from various sources, but it’s not financial advice. It’s important to do your own research before making any investment decisions.
Read More
- United Airlines can now kick passengers off flights and ban them for not using headphones
- Crimson Desert: Disconnected Truth Puzzle Guide
- How to Get to the Undercoast in Esoteric Ebb
- All 9 Coalition Heroes In Invincible Season 4 & Their Powers
- Warframe Voruna Prime access begins on April 8 for all platforms, new deluxe cosmetic Warframe skins revealed
- All Golden Ball Locations in Yakuza Kiwami 3 & Dark Ties
- All Itzaland Animal Locations in Infinity Nikki
- Zendaya’s 4 Big 2026 Movies Could Beat Brie Larson’s Box 2019 Office Record
- Katanire’s Yae Miko Cosplay: Genshin Impact Masterpiece
- Dakota County’s plan to end hunger involves locking mayors in escape rooms
2026-04-04 03:02