Why did $BTC crash hard after touching $108,899? The answer lies in one word: liquidity. After reaching that level, $BTC sharply reversed to hunt fresh liquidity. When the breakout was confirmed, many traders jumped into long positions, expecting a new all-time high. And while $BTC will likely reach that milestone, it first needs to grab liquidity from both sides of the market.
So, what's next for $BTC ? Will it crash down to $100,000, or is it gearing up for a breakout to a new ATH? If the price can hold above $104,000, there’s still potential for another leg up. However, due to strong market manipulation, it’s nearly impossible to predict the next move with certainty at this point.
I’ll update once the direction becomes clearer. For now, it’s best to hold your capital tightly and avoid trading in this uncertain zone.
The crypto market soared +10.3% in May, according to Binance Research!
📈 Bitcoin pushed toward a new all-time high, nearing $112,000, reinforcing its dominance in the market. 🌐 DeFi tokens stole the spotlight with 19.5% gains, leading the altcoin charge. 💼 Institutional interest, strong on-chain activity, and bullish investor sentiment fueled this growth.
🔍 Key Highlights:
BTC dominance rose to 54.3%
DeFi sector added $12B in market cap
User activity on Binance Smart Chain increased by 18%
💬 “May was a defining month for digital assets—momentum is building fast.”
Are you positioned for the next leg up? 👉 Explore top gainers on Binance #CryptoMarket #BinanceResearch #Bitcoin #DeFi #Altcoins #BullRun $BTC