🔺The price of #البيتكوين $BTC
shows signs of recovery, as analysts on-chain indicate a potential rise to the $109,000 area. The heatmap shows a strong concentration of leveraged orders at this level, which could pull the price towards this area in the coming weeks. Immediate support is at $104,590, while the positive funding rate (0.005%) reinforces bullish sentiment. If the price of Bitcoin breaks the $106,307 level, concentrated liquidity could lead to a breakout to $109,933. However, if it loses the current support, the price could retreat to $102,590. The bulls' reaction will be critical, as institutional interest remains strong, and retail trading has started to return to the market.
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