Bitcoin / TetherUS
Long
Updated

BTC/USDT | BTC Bounce After $111K Dip – Liquidity Gap in Focus

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By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that after a heavy correction down to $111,000, the price found demand again and is now trading around $113,600.

I expect Bitcoin to continue rising to fill the liquidity gap, with the first target at $114,150. Other targets and scenarios will be shared tomorrow!

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban
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By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that after our last analysis, the price first dropped to $108,600. Then, with strong buying pressure, BTC rallied again and successfully hit the $114,150 target.
Currently, Bitcoin is trading around this level. With the liquidity gap that has formed, I expect a short-term correction first, followed by another bullish move — with the next targets at $115K and then $118K.

snapshot

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