According to Crypto Rover, the most important support and resistance levels for Bitcoin are currently highlighted around $60,000 as key support and $73,000 as primary resistance. These levels are critical for traders to watch, as a sustained hold above $60,000 could signal continued bullish momentum, while a breakout above $73,000 may trigger a new upward trend. Failure to hold the support may indicate a potential pullback, increasing downside risk for short-term positions. These technical levels are widely referenced across crypto trading platforms, providing actionable entry and exit points for Bitcoin traders (source: Crypto Rover on Twitter, May 7, 2025).

According to CrypNuevo, recent liquidation data provided a successful long trade from $93.3k to $99k. Current analysis of liquidation levels shows an equal potential for downside and upside movements, although there may be more potential upward due to the current lower timeframe (LTF) downtrend. Key price levels to watch are $94.7k and $92.5k, as they could signal major trading opportunities.