Bitcoin’s new all-time high now ‘inevitable’ as BTC price eyes liquidity at $109K

Bitcoin’s new all-time high now ‘inevitable’ as BTC price eyes liquidity at 9K

Bitcoin’s new all-time high now ‘inevitable’ as BTC price eyes liquidity at $109K

Bitcoin’s price hovered around $107,000, showing technical strength as BTC’s chance of rising to new all-time highs appears to be increasing, new analysis suggested.

Key takeaways:

Bitcoin price coils at $107,000 as liquidity builds up around the all-time highs.

A support/resistance flip at $109,000 is a must for the bulls as new record highs become “inevitable,” analyst said.

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