Bitcoin Takes $108,000 Liquidity As Traders Hope For New Highs - adtechsolutions

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Bitcoin Takes $108,000 Liquidity As Traders Hope For New Highs


Key points:

  • Bitcoin performs expected catching liquidity $ 108,000 because shorts are punished.

  • BTC price objectives include a return to historical maximum in the short term.

  • Geopolitical concerns focus on Russia-Ukraine conflict as tension in the Middle East.

Bitcoin (BTC) built on its reflection on the reliefs in the Middle East to reflect on June 25 Wall Street open as the price of uphill shorts.

1 hour graph BTC/USD. Source: Cainelegraph/TradingView

Bitcoin Traders Eye Highs after $ 108,000

Data from COINTELEGRAPH Markets for and Tradingview They showed daily profits approaching 2%when BTC/USD reached $ 108,182 per bitstamp.

Now about $ 10,000 compared to local minimals Just three days beforeBitcoin impressed merchants who began to prepare for a new attack on the historic maximum.

“The bulls are under control,” said the popular commentator Matthew Hyland in the part of the ongoing analysis on X.

Formerly, Cointlelegraph reported The expectation that a price action would shift to take over the liquidity over and below, with $ 108,000 and $ 103,000 at key levels in the game.

The latest data from the monitoring source Coinglass It confirms that most liquidity with high efficiency is taken with the latest movement higher.

“If we start showing signs of LTF exhaustion, this is an area of ​​BTC could have LTF rejection,” popular trader Killa Killa note In the X response section, referring to a low -hour price activity.

BTC 24 -hour heat map of disposal. Source: Coinglass

Other bull signals came from the cloud analysis of Ichimok, while the popular trading account Titan from the crypt reported the escape from the cloud kumo.

“If it cleans the gap of real value (FVG), another stop may be $ 11,000,” predicted beside the explanatory graph.

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

“Geopolitical Volatility” focuses back on Russia

With other surprises in the Middle East, which is missing, the risk assets on the day enjoyed modest relief, with a composite index S&P 500 and NASDAQ by 0.2% and 0.5%.

Related: $ 92K DIP vs “short-term war” -5 things you should know in bitcoins this week

However, in its last channel subscriber telegram for telegram channels, QCP Capital warned that macro risk remained on the horizon.

“The concerns about the potential boxing of NATO-Russia are being built because European defense officials warn against the risk of armed conflict within five years,” she said around the ongoing NATO summit in The Hague.

It predicts QCP that markets will face contradictory signals from long -term stability.

“In this environment, traditional risky bonuses are shifted from securing to the basic assumption,” she concluded.

“With the guarding of macros, military and cash intersections, the market for discounting geopolitical volatility is tested as never before.”

This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.