Bitcoin swept the February low as traders watched $68K liquidity, with $74K and $79K marked as next upside levels.
Bitcoin has returned to a key trading area after sweeping the February low. Traders now focus on the liquidity above current price levels.
The move below $60,000 cleared a major downside zone. That shift has reduced attention on lower targets in the near term.
Market analysts now point to $68,000 as the main level for Bitcoin. A move through that area could shape the next phase.
The setup also comes as altcoins show stronger momentum. This market structure differs from past periods when Bitcoin carried the broader crypto market alone.
Bitcoin Liquidity Turns Toward the Upper Range
The February low sweep removed a key downside target for Bitcoin analysts. That move reduced the weight of lower liquidity in the near term and shifted focus upward after weeks of pressure.
Liquidity maps now show clearer interest above price, with $68,000 attracting the most attention. Traders often watch such zones because orders can cluster there and create quick reactions near futures and spot flows.
$BTC It is clear where the liquidity sits in this area.
A lot was taken out on the way down below $60K, but with that February low swept, the biggest levels are now above.
$68K is the biggest one to watch in the short term. Below, there's a decent area at $60K but nothing… pic.twitter.com/bAT0t2aNbM
— Daan Crypto Trades (@DaanCrypto) June 17, 2026
The $60,000 area still carries value as a support zone. However, analysts see fewer major levels below it after the recent move through that range.
This leaves Bitcoin facing a more important test above the market. A move toward $68,000 may determine whether the recovery gains strength or stalls again before the next daily close.
Daily 21-MA Sets the Next Technical Test
Bitcoin also trades near the daily 21-MA, which traders use to measure short-term trend strength. A reclaim could improve the market structure and support a wider recovery attempt.
Traders also want Bitcoin to hold the earlier range support. That would show buyers can defend the area after the February low sweep and limit downside pressure in coming sessions.
It's all depending on the coming few days for #Bitcoin.
Fighting the 21-MA on the daily timeframe, and also looking to hold the earlier range support as support again.
If that happens, the next targets are quite clear for me:
– $74,000
– $79,000Given the strong momentum in… pic.twitter.com/ISE9TsipZp
— Michaël van de Poppe (@CryptoMichNL) June 17, 2026
If price holds that base, the next upside targets sit near $74,000 and $79,000. These levels align with the broader liquidity picture and trader positioning.
A failed reclaim of the 21-MA would keep caution in place. In that case, traders may watch whether $60,000 support remains firm during any pullback rather than new highs.
Read Also:
Altcoin Strength Adds a Different Market Driver
Altcoins continue to show strong activity across several parts of the crypto market. This activity has created a different setting for Bitcoin traders and market analysts.
In earlier market phases, altcoins often weakened even when Bitcoin moved higher. Current conditions show broader participation beyond Bitcoin alone, especially in several high-volume alternative assets.
That shift has led analysts to monitor whether altcoin momentum can support Bitcoin. Strong demand across altcoins may help risk appetite remain steady across crypto pairs.
For now, Bitcoin’s next key battle remains near $68,000. A clean move above it could bring $74,000 and $79,000 back into focus for traders again.
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