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Bitcoin analysis warns BTC price 'going lower' first as $113K slips
Bitcoin struggled to hold $113,000 after Tuesday’s Wall Street open as analysis expected new lows. chart Data from Cointelegraph Markets Pro and TradingView showed BTC price action wedged between areas of high order-book liquidity. Room for movement was thus limited, and short-term forecasts favored further downside next. “$BTC is going lower before it goes higher,” trading resource Material Indicators summarized in a post on X. An accompanying chart of BTC/USDT order-book liquidity on largest global exchange Binance revealed a lack of significant bid support above $110,000. Continuing, onchain analytics firm ... (full story)
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