Columbus0x’s MMT heatmap shows more liquidity below BTC than above, with the mid-low $60K range still acting as the dominant price magnet. Not financial advice.
Bitcoin is still trapped. Price bounced from the $65,500 low, clawed back toward $67,000 after the New York open, and then went quiet. Right back to the same $66K-$67K zone it has tested multiple times already.
That repetition is exactly the problem, according to crypto analyst Columbus on X.
66K-67K Is Wearing Thin
Each time price returns to this level, the support gets weaker. Columbus noted in a Friday post that the zone “has been tested many times” and that every revisit chips away at whatever conviction remains. The market is not building strength here. It is eroding it.
The MMT heatmap makes that picture plain. According to Columbus on X, liquidity sitting below the current price is still meaningfully heavier than what sits above. That imbalance has not shifted. As Columbus put it, the mid to low $60,000 range “remains the magnet,” and once this level gives way, the move to that zone could happen fast.
BTC’s liquidity distribution near the $60K-$70K band has been a recurring concern, with on-chain data also showing short-term holders concentrated in this range without the depth needed to anchor a recovery.
The Ceiling Won’t Move
Above current price, $67,000 to $69,000 keeps functioning as a hard cap. Columbus described every push into that zone as getting “absorbed quickly.” No breakout has followed. No momentum has built. These are not resistance levels getting tested and weakened. They are supply walls doing exactly what they are designed to do.
That behavior matches what recent BTC price analysis flagged only a day earlier, with $69K rejecting price and the $64K liquidity zone drawing attention as the next probable downside sweep.
Still no strength on the bounces. Just reaction.
What the Heatmap Is Actually Saying
The MMT heatmap Columbus shared is not a minor data point. It is showing a structural imbalance. More liquidity below. Less above. That kind of setup typically resolves in one direction, and the direction here is south.
Columbus said it plainly on X: when this support level finally breaks, price is expected to reach mid to low $60s fairly quickly. Not slowly. Not gradually. Quickly.
Whether that happens this week or next week remains unclear. What the heatmap does not leave much room for is a surprise rally. The data is not set up for one.
Disclaimer: This article is based on technical analysis and market commentary from cited sources. It does not constitute financial or investment advice.
Source: https://www.livebitcoinnews.com/more-liquidity-below-than-above-what-bitcoins-heatmap-is-warning-right-now/
