Bitcoin (BTC) nears year-to-date highs as traders prepare for liquidity grabs. Price action sees a 2% increase over the weekend, targeting $92,000 next. Gold faces pressure as Bitcoin attempts a comeback. BTC price volatility tracked above $91,000. Order books show key levels at $88K and $92K with thin air above $95,000.

BTC price “fakeouts” lead to liquidations on both sides. Trader reports BTC/USD escape from symmetrical triangle pattern on two-hour timeframes, needing to pass $90,000. Crypto markets react to US military move on Venezuela. Volatility expected in global markets with major implications for oil. Venezuela’s gold reserves pressure gold markets as crypto rebounds.

Bitcoin’s uptrend against gold sparks optimism. Trader sees bullish divergence in BTC vs. gold. Bitcoin’s RSI values hit lowest levels since end of 2022 bear market. No investment advice provided. Readers advised to conduct own research due to risks involved in trading and investing. Cointelegraph does not guarantee the accuracy or reliability of information.

Read more at Cointelegraph: Bitcoin Has Liquidation Price Targets in Sight Ahead of a Big Weekly Close