menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

>

BTC Price ...
source image

Bitcoinsensus

2w

read

432

img
dot

Image Credit: Bitcoinsensus

BTC Price Prediction: Will Bitcoin Dump After $112K?

  • Bitcoin reached an all-time high of $112,000 on May 22, but liquidity rests below current levels.
  • The H4 chart shows two trendline liquidity zones and key demand areas that could trigger strong reversals.
  • Lower timeframe indicators like CHOCHs on M3/M5 can signal entries for buying off demand or shorting from supply on H2.
  • Bitcoin's price action post-ATH suggests potential for a short-term pullback to clear liquidity before a possible push beyond $112,000 towards $120,000.

Read Full Article

like

25 Likes

For uninterrupted reading, download the app