📊 Fresh Analysis of Bitcoin Price: Next Target $111,000?
🔸 New data shows that the Bitcoin market has entered a critical phase; liquidity has currently increased on both sides of the price, and the possibility of a "liquidity grab" at a higher level exists.
📈 Experts say that after stabilizing in the range of $105,000, the price of Bitcoin may now jump to $111,000 to attract high liquidity.
🧠 Renowned analyst "Mark Cullen" stated:
> "Bitcoin may rise to the range of $107,000, then with a quick drop, attract liquidity below $105,000-$104,000."
💥 Additionally, CoinGlass data shows that the $108,000 level has also become a key target due to increased orders.
📉 In case of a price drop, the $103,000 level is considered a critical point.
📅 Traders are also eyeing the end of June and economic data from the U.S. that could introduce more volatility into the market.
📌 Important Note: If Bitcoin closes the month above $102,400, it will indicate a breakout of the monthly resistance range.
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