Bitcoin price takes liquidity near $69K as gold surge rattles markets

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Bitcoin gives way to new all-time highs for gold as BTC price action returns near $69,000.

Bitcoin fails to follow gold to new all-time highs into the end of the week with BTC price momentum instead heading toward $69,000.Bitcoin liquidity heatmap . Source: CoinGlass

United States equities sided with Bitcoin, with both the S&P 500 and Nasdaq 100 indexes down around 1% at the time of writing. “Every single factor that has historically led to LOWER gold prices is happening now. Except for 2 key factors, central banks are stocking up on gold and geopolitical tensions are skyrocketing,” part of an X postBitcoin forms"clear re-accumulation range"

 

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