A Bitcoin analysis warned that the price of BTC will first "drop" while giving way to USD 113K
Bitcoin lacks bullish momentum while all eyes are on the old all-time highs near USD 109,000. Will bullish liquidity provide the momentum that bulls need?
Bitcoin bulls face multiple resistances while the price remains stagnant, but some see that upward liquidity could lead to a contraction of short positions.
BTC price forecasts continue to see lower levels near USD 109,000 in the short term.
It is virtually guaranteed that volatility will return, and now traders need "patience".