Crypto: Data shows Bitcoin dip buyers waiting for lower prices: Is $70K BTC’s next stop? (2026)
Bitcoin futures and orderbook data show dip buyers waiting for a BTC price drop below $70,000. Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone. Sell pressure has increased in the derivatives markets and the daily bid-ask ratio fell to -0.03, showing sellers are currently more aggressive than buyers as traders position around liquidation levels. The visible range volume profile (VRVP) indicator shows the $68,000-$70,000 region as the most densely traded zone on the chart since November 2025. High trading activity in that price range suggests most positions were opened near those levels over the past few months. The order book data also shows a bid-ask ratio of -0.03, with the metric remaining in negative territory for most of the past month as sell-side activity continued to outweigh aggressive buying pressure. BTC/USDT price, bid-ask ratio and VPVR profile. Hyblock Liquidation data adds another pressure point. The heatmap shows more than $3.4 billion in cumulative long positions exposed near $74,700. The figure rises toward $11 billion if Bitcoin falls to $70,000 across the 90-day liquidation range. Taken together, the positioning data suggests traders are prioritizing deeper liquidity pools rather than chasing higher prices above $80,000.
Source: CoinTelegraph