Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight.

The move, although short lived, marked the pair's third such attempt to take sell-side liquidity above $23,400 in recent days.

As of Jan. 27, resistance was stacked at $23,200, $24,500 and $25,000, with the latter nonetheless still on traders' radar as a potential next target.

(By WILLIAM SUBERG)