Bitcoin maintains its bullish momentum following US Producer Price Index (PPI) data, with investors eyeing liquidity near $120,000. Analysts are closely monitoring resistance and support levels as the cryptocurrency market remains sensitive to macroeconomic data.
Bitcoin reached new highs, surpassing $113,800, as stablecoin reserves surged and retail investor selling subsided [13]. Liquidity influx and increasing institutional participation support the rise, with analysts predicting further upward momentum [5, 15].
Analyst Lyn Alden examines Bitcoin's current position in its cycle, suggesting liquidity conditions and macroeconomic shifts may be playing a more dominant role than the historical four-year pattern.
Bitcoin is at a pivotal decision zone, with liquidity building on both sides of the current price. Analysts predict a potential rally to new highs, with the $109,000 level being key for upward momentum.
Bitcoin's price hovers around $107,000, showing technical strength. Analysts predict a new all-time high is 'inevitable' as BTC eyes liquidity at $109,000. Optimism is supported by strong ETF inflows and growing institutional interest.
Bitcoin analysts are examining the conditions needed for BTC price to surpass the $112,000 barrier, considering ETF inflows, market liquidity, and technical indicators.
Bitcoin price started a support test at $108K as bulls pause. Analysts point to increasing liquidity and divergent behaviors between smaller and larger investors, with whales increasing BTC exposure at current prices.
