📈 Bitcoin (BTC) has been trading within a range of $73k to $60.7k, with the midpoint at $66.9k. Recently, there's been a positive uptrend in Bitcoin's price, although this analysis was conducted before Monday's New York Open on April 22nd.

🔍 CrypNuevo, a crypto analyst, anticipated a move towards $66k, which has materialized. AMBCrypto delved deeper into where BTC prices might head next within this range.

📉 CrypNuevo noted a cluster of liquidation levels around $66k within a 7-day look-back period heatmap. This level, just below the mid-range, was deemed a potential reversal point. The New York session's opening could propel prices beyond $66k to gather liquidity before a potential bearish plunge towards the $65k-$66k resistance zone.

📉 If BTC manages to sustain movement above $66k, it could invalidate the bearish reversal scenario. Conversely, dropping below $64.5k could signal a target of $63k, given the liquidation dynamics favoring downward pressure.

📊 CrypNuevo combined technical indicators with the range formation, noting that deviations below range lows often lead to moves towards the opposite extreme of the range. The RSI on the 4-hour chart suggested bullish momentum, though OBV struggled to surpass local resistance, indicating subdued buying volume recently.

📈 The key levels to watch are the range highs at $73.2k and lows at $56k, which have liquidity confluences. Bitcoin is anticipated to consolidate within these levels for a few weeks to build up strength for a breakout, particularly after the selling pressure following the halving event.