Bitcoin is trading near $67,000 as the market anticipates a decisive breakout from a tight consolidation zone. Liquidation data suggests a sharp price move could be imminent in either direction. The cautious interest of institutional investors, highlighted by comments from Goldman Sachs CEO David Solomon, adds to the current market focus.
Bitcoin held near $67,000 as traders monitored key support and resistance levels. The cryptocurrency showed a 0.91% daily gain with a 24-hour trading volume of $33.4 billion.
Analyst Nehal highlighted Bitcoin is confined between strong support at $66,000 and resistance near $71,000. “Some clusters are forming on both sides of the current price, but no major breakout is visible yet,” Nehal stated.
Data from a liquidation heatmap shows leveraged positions concentrated around current price levels. A downward move below $66,000 could trigger cascading long liquidations, while a rise above $67,000 might accelerate short covering.
Institutional attention increased after Goldman Sachs CEO David Solomon disclosed he owns a small amount of Bitcoin. Solomon framed himself as a cautious observer, noting regulatory changes have improved market accessibility.
Goldman Sachs has expanded its crypto footprint via exchange-traded funds tied to digital assets. The firm reported roughly $2.36 billion in crypto-related holdings as of early 2026, with Solomon highlighting tokenization as a key interest.
With technical indicators pointing to a compression zone, Bitcoin appears poised for heightened volatility. A decisive break above resistance or below support could dictate the next major market move.
