Crypto & Web3·Jun 19, 2026

Bitcoin tipped for Q3 'macro bottom' near $50K as major liquidity grab looms

Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders.Key points:Bitcoin may "front run" exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000.A trader

Cointelegraph2 min readVerified
Bitcoin tipped for Q3 'macro bottom' near $50K as major liquidity grab looms
Image · Cointelegraph
The gist
5-point summary · 1 min

Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders.Key points:Bitcoin may "front run" exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000.A trader

  • Source: Killa/XAn accompanying chart from CoinGlass shows the main area of interest between $50,000 and $60,000.
  • If it gets taken, Killa argues, it would lay the foundation for the end of the bear market.“I'm not saying we won't sweep below 60K, but it's something worth considering.
  • Source: Daan Crypto Trades/XOn Thursday, commentator Exitpump flagged “aggressive” short positioning by traders on Binance, saying that the short-term price outlooks “looks bearish” as a result.BTC/USD 10-minute chart with order-book data (Binance).
  • Source: Exitpump/XThis article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only.
  • All investments and trades carry risk; readers are encouraged to conduct independent research.
$50K$50,000$60,000$61K$62K$BTC
In this article

Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders.Key points:Bitcoin may "front run" exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000.A trader sees "complete disbelief" if price reverses with only a partial liquidity grab."Aggressive" shorting from Binance traders returns on low time frames.New analysis from pseudonymous trader Killa on Friday focuses on a sub-$60,000 liquidity grab next quarter.Crypto exchange order-book liquidity is key to short-term price moves, as large-volume traders coerce the market into wiping nearby positions, causing volatility.Killa, however, is looking at the longer-term picture — many expect BTC/USD to drop as low as $50,000 to take liquidity before bouncing, data shows.“At some point, $BTC is going to front run major HTF liquidity,” he told followers in a post on X. “Just like the market front ran the 140K liquidity above, it can do the exact same thing on the downside, leaving many in complete disbelief.”Bitcoin order-book liquidity data. Source: Killa/XAn accompanying chart from CoinGlass shows the main area of interest between $50,000 and $60,000. If it gets taken, Killa argues, it would lay the foundation for the end of the bear market.“I'm not saying we won't sweep below 60K, but it's something worth considering. Markets have a habit of front running the levels everyone is focused on,” they continued. “Because if this particular liquidity below 60K gets grabbed, there's a very good chance the next major pool that forms between July and September never gets filled, marking the macro bottom.”Binance BTC shorts become "aggressive"As Cointelegraph reported, others have questioned the staying power of current support around the $60,000 mark.Related: Bitcoin market cap rebound to take '5-10 years' after dropping 10 places since mid-2025Traders are poised for a snap collapse, with Daan Crypto Trades warning that the situation could “get ugly” if nearby trend lines fail to hold.“Bulls need to hold that $61K-$62K region otherwise things get ugly real quick I think. But for now, still at support,” he summarized on X.BTC/USD perpetual swap contract four-hour chart. Source: Daan Crypto Trades/XOn Thursday, commentator Exitpump flagged “aggressive” short positioning by traders on Binance, saying that the short-term price outlooks “looks bearish” as a result.BTC/USD 10-minute chart with order-book data (Binance). Source: Exitpump/XThis article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Integrity note  ·  Xela does not rewrite or paraphrase article content. The excerpt above is the source publication's own words, sanitized for display. For the full piece — including any quotes, charts, or images — read it at Cointelegraph. Xela's rewritten version is off for this story, so there's no editorial angle attached — you're getting the source's reporting unfiltered. When the rewrite is on, we add a What this means block underneath with the operator/trader takeaway.

What people are saying

Discussion

Hot takes

0/280

Loading takes…

Comments

Discussion · 0

Sign in to comment, like, and save articles.

Sign in

Loading comments…

Newsletter

Track crypto & web3 every morning.

Daily digest tuned to this beat. The 5 stories most worth your time. Unsubscribe anytime.