XXXR7

🚨NEWS IN: BITCOIN STEADIES NEAR $112K AMID POST-LIQUIDATION CALM, WITH EYES ON NEXT WEEK'S REBOUND🔥🔥🔥 As the weekly trading cycle concluded on Sunday, October 12th, the $BTC market entered a phase of cautious consolidation, with its price finding a tentative equilibrium around the $112,000 mark. This period of relative stability, as reported by Cointelegraph, emerges in the direct aftermath of a staggering $19 billion crypto liquidation event that had previously rocked the market, with data from Cointelegraph Markets Pro and TradingView confirming the subsequent subsidence of volatility. While the flagship cryptocurrency has thus far failed to mount a vigorous upward rebound, a palpable sense of anticipation is building among traders who believe the coming week may finally exhibit the stronger performance they are waiting for. Market analysis from platforms like TheKingfisher highlights key levels to watch, suggesting that liquidity grabs could potentially occur around $114,000. They also caution that with traders holding significant short positions in BTC, the weekend often presents an opportune moment for further range liquidations. Despite the recent and severe market shake-up, the overarching sentiment remains resilient, with the consensus being that the foundational upward trajectory of the Bitcoin bull market remains fundamentally intact and poised for its next significant move. NOT financial advice, DYOR. Source: Lookonchain #MarketRouteToRecovery