Skip to content
Up To Date Time

Up To Date Time

  • Home
  • Sports
  • cryptocurrency
  • Technology
  • Virtual Reality
  • Education Law
  • More
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
  • Toggle search form
Bitcoin Liquidity Map Identifies 7,000 And 0,500 As Critical Short-Term Targets

Bitcoin Liquidity Map Identifies $107,000 And $110,500 As Critical Short-Term Targets

Posted on July 6, 2025 By rehan.rafique No Comments on Bitcoin Liquidity Map Identifies $107,000 And $110,500 As Critical Short-Term Targets

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin (BTC) prices continue to hover around $108,000 following a minor 0.33% gain in the last 24 hours. The flagship cryptocurrency continues to hold steady within a broader consolidation range between $100,000 and $110,000, reflecting a period of indecision in the market. Amidst the current market status, popular trading expert with X username Daan Crypto has highlighted key liquidity clusters that could play a significant role in shaping Bitcoin’s short-term price action.

The Imminent Bitcoin Battle Fronts: $107,000 And $110,500

In an X post on July 5, Daan Crypto shares a critical insight on Bitcoin’s potential price action relative to liquidity levels. With data from Coinglass, the renowned analyst explains that Friday’s price activity led to a large-scale liquidation of leveraged positions centered around the $108,000 region. Following this development, investors’ interest is now focused toward new liquidity zones, forming around $107,000 and $110,500.

Of the highlighted regions, the $107,000 region appears to be serving as the immediate support, with some traders defending positions that survived the recent liquidation. Therefore, BTC is likely to experience a short-term rebound upon retesting this level. However, a price dip below $107,000 would trigger large scale liquidations forcing prices to regions as low as $100,000 in line with recent range-bound movement.

Bitcoin Liquidity Map Identifies 7,000 And 0,500 As Critical Short-Term Targets
Source: @DaanCrypto on X

Meanwhile, $110,500 is emerging as a near-term resistance where potential sell pressure or short entries could stack up, especially if Bitcoin attempts another breakout. A successful price close above this level would eliminate multiple short positions inducing a short squeeze that could result in Bitcoin swiftly moving past its current all-time high of $111,970 into uncharted price territory.

Overall, the BTC market appears to be stabilizing within the $107,000–$110.5,000 zone following Friday’s sharp liquidation sweep. This sideways price movement typically sets the stage for a swift breakout or breakdown.

Bitcoin Exchange Leverage Reaches New High

In other developments, CryptoQuant data reveals that Bitcoin traders are showing high market appetite as the estimated leverage ratio across all exchanges has reached a new yearly high of 0.27. This metric which tracks the amount of open interest relative to exchange BTC reserves shows an elevated risk behavior as traders are increasingly deploying borrowed capital in anticipation of larger price movements.

Meanwhile, the premier cryptocurrency continues to trade around $108,232 reflecting market gains of 0.70% and 6.41% on the weekly and monthly chart, respectively. With a market cap of $2.15 trillion, Bitcoin retains a market dominance of 64.6% as the largest virtual asset in the world.

Bitcoin
BTC trading at $108,220 on the daily chart | Source: BTCUSDT chart on Tradingview.com

Featured image from Pexels, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

The post Bitcoin Liquidity Map Identifies $107,000 And $110,500 As Critical Short-Term Targets appeared first on Coin24h.com.

cryptocurrency

Post navigation

Previous Post: A quick interview to Philip Rosedale about the metaverse, MR, and AI
Next Post: Google new tricks that will blow your mind

More Related Articles

Crypto Whales Accumulate Dogecoin, Cardano, and Mutuum Finance Ahead of the Next ‘Trump Market Rally’ Crypto Whales Accumulate Dogecoin, Cardano, and Mutuum Finance Ahead of the Next ‘Trump Market Rally’ cryptocurrency
Easily Earn From Cloud Mining With Gbitcoins  – Cryptocurrency News | Bitcoin News | Cryptonews Easily Earn From Cloud Mining With Gbitcoins  – Cryptocurrency News | Bitcoin News | Cryptonews cryptocurrency
[PRESS RELEASE] Join us in our 10th anniversary celebrations [PRESS RELEASE] Join us in our 10th anniversary celebrations cryptocurrency
Teucrium XRP ETF sees M volume, outpaces leveraged Solana ETF Teucrium XRP ETF sees $5M volume, outpaces leveraged Solana ETF cryptocurrency
Decentralized Exchange (DEX) Decentralized Exchange (DEX) cryptocurrency
Binance Registering As A Money Services Business in Canada, Exchange is Financing a 3M Initiative in France Binance Registering As A Money Services Business in Canada, Exchange is Financing a $113M Initiative in France cryptocurrency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Everything You Wanted to Know About Alloy Wheel Repairs – Answered
  • About that Kirk Cousins Trade…
  • Google new tricks that will blow your mind
  • Bitcoin Liquidity Map Identifies $107,000 And $110,500 As Critical Short-Term Targets
  • A quick interview to Philip Rosedale about the metaverse, MR, and AI

Categories

  • cryptocurrency
  • Education Law
  • Sports
  • Technology
  • Virtual Reality

Copyright © 2025 Up To Date Time.

Powered by PressBook Blog WordPress theme