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
Latest News
- Vanguard Group Becomes Largest Shareholder in Bitcoin Strategy with Over 20 Million Shares2025-07-14 23:53:49
- Silent 14-Year Bitcoin Whale Moves 40,000 BTC to New Addresses in Massive Transfer2025-07-14 23:53:04
- Bank of America Report Highlights Ethereum’s Potential Role in Stablecoin Growth Amid Regulatory Developments2025-07-14 23:41:36
- Ethereum Swing Trade Highlights Potential Gains Through Strategic Timing and On-Chain Data Insights2025-07-14 23:30:38
- Bank of America Highlights Ethereum as Key Platform for Enhancing Digital Asset Interoperability2025-07-14 23:29:33