New BTC price levels to watch as Bitcoin avoids $36K

Bitcoin (BTC) has new short-term BTC price targets as consolidation mixes with bouts of volatility.

After a classic “short squeeze” took the largest cryptocurrency to near $36,000, Bitcoin market participants are highlighting key levels to look for from Nov. 8 onward.

Bitcoin buy liquidity inches down to $34,000

Bitcoin is facing hurdles overcoming resistance at the $36,000 mark, and several attempts to clear it have quickly faded data from Cointelegraph Markets Pro and TradingView shows.

Now, sellers are becoming active on intraday timeframes, and data from exchange order books shows the buy side getting cautious.

In an X post on the day, on-chain monitoring resource Material Indicators…

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