Bitcoin aims for a liquidity of USD 110K: keep an eye on these BTC price levels

Bitcoin recovered after a rapid drop to USD 112,380, but heatmap liquidation data suggests that the worst of the sell-off situation is not yet over.

Bitcoin aims for a liquidity of USD 110K: keep an eye on these BTC price levels

Market Analysis

Key takeaways:

Bitcoin volatility is expected to remain high ahead of Federal Reserve Chairman Jerome Powell's speech on Friday.

Analysts say that Bitcoin's drop below USD 112,000 presents a 'great entry opportunity' for traders.