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Bitcoin Price Targets Match Key Liquidity Wall Near $116,000


Key points:

  • Bitcoin Bounces as a liquidation garden appears above and below the price, making $ 116,000 a key level to watch.

  • The expectations called the BTC price support to keep up to $ 110,000 they should bear to take control.

  • ESF FLOWS MUST PROVIDE A INSIGHT IN TAKE FOOD, TAKE THE PASTISES.

Bitcoin (Btc) Approached $ 116,000 after Monday road after the roadway open as the bullet are meant to sell the liquidity.

BTC / USD 1-HOUR CHART. Source: Bladeltaph / Tradingoview

BTC price stops the walls of the great liquidity

Data from The parcelagra’s markets and it Dingering showed btc / USD $ 11532 in Bitstamp.

A late weekend refund as the shirts shriveled, and the shopkeepers were hopes that the most earns the BTC price prices have to follow.

“After completely the CME’s CME, Bitcoin will try to get out of this gap in an effort to claim recently above,” Rekt capital told of followersrefers to the gap in the bitcoin’s bitcoin market – a classic price magnet.

“It all begins with a claim of ~ $ 116k that is the top of the daily cme shot of everyday cms.”

Cme bitcoin bitcoin futures 1-day graight. Source: Rekt Capital / X

Exchange’s book liquidity data from Cumenting Show priced always posted always a wall of sking herks on $ 115.800.

“$ Btc over $ 115,8,8 will confirm that the area of $ 112k was likely the bottom,” Andish Trader 0 discussed As part of a x post beside a grace that shows short-term levels of short edge.

BTC / USD 3-Day Chart. Source: bigmik77335 / x

The offers were burning from $ 113.800 to $ 112,000, with more around the old altogether near $ 110,000.

“The Scenario Probably: If the downside is earliests first – wait for a refund near $ 110.5k,” partner cipone x Summarize the day.

Showmap Btc Lifeg (screenshot). Source: Coinglass

Spotlight on Bitcoin Etf, sparkling flows

Discuss if it has been “time to buy the dip of dip” in the bitcoin, the capital city of trading trade was optimistic.

In relation: Is btc repeating the road to $ 75k? 5 things to know in bitcoin this week

“BTC is mensible little marked its highest in the story, and the recent drawing further corrective than captivatory” wrote, wrote in their last Bagell.

“Historically, they are fastened in the post-rally, especially those who smashes the excess the ventures, they have to accumulation for this when structural.”

The bitcoin interest is interest open (screenshot). Source: Coinglass

Coinglass confirmed Open interest on the bitcoin futures blame their lower levels from July 10th in the weekend.

QUAL QUAL TCERFLOWS TO THE US BITECINAL INSALIZED FUNDS (EDFS) CAN I PROVIDE A “indication” of the market appetite.

As well as Coupellagrafh reportedthese are exit – $ 812 million August 1, marching the second-larger DONG DAYS ONLY.

“We remain optimistic prudents. Vigils of place near $ 112k a guarantee, inexable inherently inclement”, said.

“But stabilization signs, as the Rennish Spot inflaws, decade Vols and a stretch of SKEW, would be constructive signals that recover.”

Netflow of bitcoin etf netcoin (screenshot). Source: Investors frid

This item does not contain advice or investment advice. Any movement of investment and business involves risky risk, and readers should make their own research when it makes a decision.