Bitcoin Price Surges and Altcoins Rally Amid Crypto Market Correction

Bitcoin faces resistance at the $36,000 mark, with sellers becoming active on intraday timeframes. Support liquidity is decreasing, with $34,000 now a potential battleground. Traders are eyeing $35,000 and $35,700 as key levels that could trigger a short squeeze if breached. Analysts suggest that Bitcoin returning below $33,700 is unlikely, and the downside is expected to be limited. Longer-term price perspectives remain bullish, with year-end targets of $45,000 or more.