Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price.

• Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price.

• After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders.

Bitcoin’s (BTC) price trades 6% below its all-time highs of $111,900, and traders warn the asset may see a “larger correction” in June as $100,000 becomes a key level of interest.