Bitcoin eyes liquidity at $110K: Watch these BTC price levels next

4 hours ago

Key takeaways:

Bitcoin volatility is expected to stay contiguous up of Fed Chair Powell’s code connected Friday.
Analysts accidental Bitcoin’s dip beneath $112,000 offers a “great entry” accidental for traders.
BTC terms whitethorn driblet arsenic debased arsenic $110,000 if cardinal enactment levels are broken.

Bitcoin (BTC) has been trending down alongside the broader crypto marketplace since Aug. 14, dropping to a 17-day debased beneath $112,500 connected Wednesday. With Federal Reserve Chair Jerome Powell’s Jackson Hole code expected connected Friday, markets could spot volatile terms swings toward cardinal BTC terms levels implicit the adjacent fewer days.

Bitcoin terms cardinal “accumulation” level sits adjacent $112,000

A break beneath the $115,000 enactment level was what traders needed to determine whether to adhd oregon trim exposure.

MN Capital laminitis Michael van de Poppe spotted Bitcoin hovering astatine $113,700, saying that the terms has reached a “potential country of involvement for longs.”

An accompanying illustration suggested the country betwixt the August debased astatine $111,900 and the $113,000 intelligence level was a cardinal level to ticker successful BTC’s six-hour clip frame.

A dip beneath this portion would supply traders with a “great” accidental to bargain much astatine a discount, van de Poppe said, adding:

“If we expanse the lows, that's the astir optimal country to bargain those. Great country to accumulate.”

Similar sentiments were shared by chap expert AlphaBTC, who said that Bitcoin’s terms was apt to revisit the monthly debased astatine $111,980 earlier making a “bigger compression backmost up.”

— AlphaBTC (@mark_cullen) August 20, 2025

Lower than that, $110,000 is an important level to support an oculus on, an country that has supported BTC terms since July 10, according to trading steadfast Swissblock. It lies wrong a cardinal request portion defined by the 100-day elemental moving mean (SMA) astatine $111,000 and $105,000.

As Cointegraph reported, Bitcoin’s cardinal enactment level remains $100,000, which is embraced by the 200-day SMA and acts arsenic the past enactment of defence for the bulls.

On the upside, Bitcoin indispensable flip the country betwixt $116,000 (50-day SMA) and $120,000 into enactment to unafraid the bull run. This would summation the chances of revisiting the all-time precocious supra $124,500 oregon higher into terms discovery.

Will liquidations thrust BTC beneath $110,000?

Several traders oculus a imaginable downward liquidity drawback with bid orders extending to $110,000.

The latest information from monitoring assets CoinGlass showed terms eating distant astatine astir $113,000, with the bulk of involvement clustered beneath $112,000. More than $110.4 cardinal bid orders were sitting betwixt $111,000 and $110,000.

To the upside, however, inquire orders were gathering up, with the bulk of liquidations sitting betwixt $115,800 and $118,100.

If the $118,000 level is broken, it could spark a liquidation squeeze, forcing abbreviated sellers to adjacent positions and driving prices toward $120,000, which is the adjacent large liquidity cluster.

“The biggest clump successful adjacent proximity present sits astatine astir $120K and of course, the section scope debased astatine $112K is inactive successful play,” said Bitcoin trader Daan Crypto Trades successful an X station connected X, adding:

“Keep an oculus retired of those areas arsenic they often enactment arsenic section reversal zones and/or magnets erstwhile terms gets adjacent to them.”

As Cointelegraph reported, accrued selling by Bitcoin short-term holders could heighten the likelihood of BTC terms dropping toward $110,000.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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