6 hours ago

Bitcoin Bulls Eye $150K but Liquidity Crunch Could Send BTC Price to $111K

TLDR: Bitcoin is trading at $119,660, up 5.34% in seven days, but still below key $120K breakout level. Analysts warn that a daily close above $120K could trigger a rally toward $150K. Global liquidity change remains negative, pressuring Bitcoin’s momentum in recent sessions. Rejection at $120K could send Bitcoin down to the $111K demand zone. [...]

The post Bitcoin Bulls Eye $150K but Liquidity Crunch Could Send BTC Price to $111K appeared first on Blockonomi.

Source: Blockonomi →