# Bitcoin trader calls for drop below $60k on liquidity concerns

> A TradingView analyst predicts BTC will fall below $60,000 based on on-chain liquidity metrics.
- Title: Bitcoin trader calls for drop below $60k on liquidity concerns
- Summary: A TradingView analyst predicts BTC will fall below $60,000 based on on-chain liquidity metrics. On-chain data suggests insufficient liquidity exists to…
- Keywords: bitcoin, btc/usdt, binance, trix_n, tradingview, on-chain metrics, liquidity, bull run, cryptocurrency trading, technical analysis, business, finance
- Source: TradingView — https://tradingview.com/chart/BTCUSDT/74edjWBI-Sell-Trade-Idea-On-BTC-USDT
- Published: 2026-09-16T01:03:47+00:00
- Read time: 1 min
- Topics: bitcoin, btc/usdt, binance, trix_n, tradingview, on-chain metrics, liquidity, bull run, cryptocurrency trading, technical analysis, business, finance
## Bearish call on Bitcoin
Trader Trix_N posted a sell signal for BTC/USDT on Binance. The short position targets a move below $60,000.
## Liquidity concerns drive the thesis
On-chain metrics show there isn't enough liquidity in the market to support a bull run. This lack of buying power suggests downward pressure.

> On-chain metrics indicate that there isnt enough liquidity to start the bull run
## Price target below $60k
The analysis predicts Bitcoin will fall back below the $60,000 level. The move would represent a significant pullback from current prices.

> price will fall back below 60k
## Technical and fundamental mix
The trade idea combines on-chain fundamental analysis with technical chart patterns. Both approaches point to the same bearish conclusion.
## Not financial advice
TradingView includes a standard disclaimer that the post doesn't constitute financial or investment advice. Traders should do their own research.
## Key takeaway

On-chain data suggests insufficient liquidity exists to sustain a Bitcoin bull run, pointing to a potential drop below $60,000.