Bitcoin May Face Support Retest Below $119,000 Amid Liquidity and Manipulation Concerns
2025-07-14 15:29:23
Main Idea
Bitcoin is nearing a key support retest below $119,000 due to liquidity shifts and trader warnings, with cautious optimism among investors despite potential short-term volatility.
Key Points
1. Bitcoin recently approached a resistance level near $123,000 but may dip below $119,000 due to order-book liquidity shifts.
2. Substantial bid support around $120,500 suggests a potential short-term retracement before upward momentum resumes.
3. Professional traders remain structurally bullish despite volatility, with institutional interest and ETF inflows supporting long-term growth.
4. Market manipulation concerns are highlighted by $430 million in buy walls within 24 hours, indicating heightened trader activity.
5. Bitcoin's trajectory near $120,000 is liquidity-driven, with investors advised to balance growth opportunities with downside risk mitigation.
Description
Bitcoin’s recent surge near $123,000 faces a critical support retest, signaling potential volatility ahead for investors. Order-book liquidity data reveals strategic bid placements that may precede a price correction, highlighting
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