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Bitcoin takes $ 108,000 liquidity as entrepreneurs hope for new highs


Basic Points:

  • Bitcoin performs an expected $ 108,000 Liquidity Grab while shorts are being punished.

  • BTC price targets include a return to all hours high in short time.

  • Geopolitical concerns focus on the Russia-Ukraine conflict while calm tensions in the Middle East.

Bitcoin (Btc) built in the Middle East of the ceasefire relief bounce on June 25 Wall Street open the price upside down liquidated shorts.

BTC/USD 1-Hour chart. Source: Cointelegraph/TradingView

Bitcoin entrepreneurs have a high $ 108,000 Grab of liquidity

Data from Cointelegraph Markets Pro and Tradingview Demonstrates sun -ups close to 2% while BTC/USD reached $ 108,182 on Bitstamp.

Now up to $ 10,000 compared to local lows seen Just three days agoBitcoin entrepreneurs admired, who began to prepare for a fresh attack at all times.

“The bulls are in control,” popular commentator Matthew Hyland recorded in part of an ongoing X.

Earlier, Cointelegraph reported It is expected that price action will change to take liquidity both above and below, with $ 108,000 and $ 103,000 the main levels in play.

The latest data from the resource tracking Coinglass It is confirmed that most high leverage liquidity is taken along with the latest move higher.

“If we start showing signs of LTF fatigue, this is a place that may have a decline in LTF,” Killa’s famous businessman Killa mentioned In part of an X reaction, which refers to low-timeframe price activity.

BTC 24 Hours Heatmap heating. Source: Coinglass

Other bullish signals come from Ichimoku Cloud Analysis, with a popular Crypto trading account that reports a breakout from the Kumo Cloud.

“If it removes the Fair Value Gap (FVG), the next stop can be $ 111k,” it predicted next to an explanatory chart.

The BTC/USDT 1-day chart with ichimoku cloud data. Source: Titan of Crypto/X

“Geopolitical Volatility” is dedicated to Russia

With further surprises in the Middle East, the risk of risk was satisfied with moderate sun relief, including the S&P 500 and Nasdaq Composite Index up to 0.2% and 0.5%, respectively.

Related: $ 92K Dip vs’ Short-Lived War’-5 Things to Know Bitcoin this Sunday

With the latest subscribers of the bulletin until Telegram channel, however, the QCP capital warns that MacRO risks remain in the end.

“The concerns around a potential NATO-Russia flashpoint are building, as European defense officials have warned the risk of armed conflict for five years,” it reported around the ongoing NATO summit in The Hague.

QCP forecasting that markets will face adverse signals in long -term stability forward.

“In this environment, the traditional risk premium moves from a fence to a baseline assumption,” it concludes.

“With the macro, military and financial collision, the market’s ability to discount geopolitical volatility was tested as usual.”

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.