Bitcoin price analysis warns of potential dip after $72K liquidity sweep

Bitcoin price taps $71,000, with liquidity thin above the spot price and heavy clusters below, setting up a potential sweep of the highs before another dip.

Bitcoin (BTC) price action liquidated shorts on Tuesday as market participants reacted to US President Donald Trump's comments on the Iran war.

Key takeaways:

Bitcoin order book liquidity is increasing as BTC price rebounds to $71,000.

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