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Bitcoin price targets include returning to take $ 110,000 liquidity


Basic Points:

  • Bitcoin failed to close above $ 117,200, opening the door to support the retests.

  • A giant $ 4.9 trillion expiry options add additional strife for Bitcoin Bulls on Friday.

  • Order-book liquidity shows mass bids at $ 110,000 and older, creating a “magnet” for the price.

Bitcoin (Btc) missed a key daily near Friday because entrepreneurs expect short-term BTC price losses.

BTC/USD one hour chart. Source: Cointelegraph/TradingView

Bitcoin adds headwinds after the sun -day -close

Data from Cointelegraph Markets Pro and Tradingview showed that the BTC/USD is narrowly avoided by a day -to -day day near the top of $ 117,200.

It is one of Basic lines in the sand In short timeframes – a reclaim will allow the price to revisit $ 120,000, the review said.

“When we get this level the way to $ 120k is open to my opinion,” the famous businessman Crypto Caesar wrote Thursday in part of a part of a X post on the subject next to an explanatory chart.

“However: Last time we rejected this level and returned to the light blue zone.”

BTC/USDT one day chart. Source: Crypto Caesar/x

Crypto investor and businessman Ted Pillows predicted BTC price pressure to continue through the week’s expiry event.

“$ BTC failed to recover the $ 117,200 level again. Now, $ 4.9 trillion in US stock futures and expires,” he said X followers.

“Historically, this has resulted in the collapse of volatility and integration -including the stock market. And since the crypto market follows US stocks, volatility will move to Bitcoin and Alts too. Be prepared.”

BTC/USDT one day chart. Source: TED pillow/x

Business bids have created $ 113,000 BTC price “Magnet”

Other arguments in favor of the lower level focused on order-booking liquidity.

Related: Bitcoin price $ 150k target arrives as analyst sees weeks of all times high

Updating X followers, the trade source ThekingFisher noted that most of the liquidity today is below the price. The area between $ 110,000 and $ 113,000 is particularly interesting.

The Onchain Analytics platform agreed to the Onchain Glassnode, noticing transfers to the order-book composition after Wednesday’s Federal Reserve meeting.

There, the Federal Open Market Committee (FOMC) lowered interest rates for the first time in 2025, leading to New all-time highs For both the gold and US stock market.

“Post FOMC, we will see that $ BTC shorts at 117K are taken, and that long avoidance appears at 112.7K,” Glassnode Summary.

BTC Liquidation Heatmap. Source: Glassnode/x

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.