Bitcoin Liquidity Builds At $105K Level – Sweep Before New Highs?
Bitcoin reached a new all-time high of $112,000, maintaining a position above $100,000. This breakout indicates a significant shift in market dynamics, with bullish sentiment prevailing. Strong positioning in derivatives markets supports this movement, particularly around the $105,700 liquidity level, which may attract short-term trading activity. As long as Bitcoin stays above $100,000 and experiences shallow dips, the trend appears upward. Despite high US Treasury yields and global trade instability affecting risk assets, Bitcoin shows resilience, drawing capital away from altcoins. Analysts note that a dip to the $105,700 area could clear late longs before further gains. The current market setup favors continued bullish momentum, contingent on defending key price levels.
