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Analyst: Bitcoin May Briefly Dip to $115,000 to Test Support Level

Summary: According to Cointelegraph, as Bitcoin has absorbed most of the obvious selling pressure during its rise to $122,000, analyst AlphaBTC warns that the price of Bitcoin may briefly dip to $115,000 to test the support level. Bitcoin's liquidity heatmap shows that the order book is prepared for this, with buy orders concentrated between $115,000 and ...

According to Cointelegraph, as Bitcoin has absorbed most of the obvious selling pressure during its rise to $122,000, analyst AlphaBTC warns that the price of Bitcoin may briefly dip to $115,000 to test the support level. Bitcoin's liquidity heatmap shows that the order book is prepared for this, with buy orders concentrated between $115,000 and $116,100.

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