Bitcoin is making headlines as it approaches the $100,000 mark, driven by a sudden liquidity squeeze. The cryptocurrency saw a nearly 3% increase, bringing it within $3,000 of this historic milestone. Traders are eyeing the $100K level, with some suggesting that large sellers might step in to capitalize on the demand. New ask liquidity above $100,000 is seen as a positive sign, indicating market readiness for this price. However, experts caution that a retest of support around $90,000 could be beneficial to confirm market strength. Bitcoin's rapid 38% rise in three weeks has surprised many, sparking discussions about potential future gains.
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BTC
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