Bitcoin Price Must Hold $114,000 to Attract Fresh Liquidity and Break Range
The post Bitcoin Price Must Hold $114,000 to Attract Fresh Liquidity and Break Range appeared on BitcoinEthereumNews.com.
Key Insights: Bitcoin price trades within $110,000-$116,000 range with three key supply clusters determining BTC action. Top buyers with a $113,800 cost basis need a price reclaim of above $114,000 to return to a profit. ETF flows dropped to 500 BTC per day, far below the earlier cycle intensity that had supported previous rallies. Bitcoin price faces a critical juncture as on-chain analysis revealed the necessity of reclaiming $114,000 to attract fresh institutional liquidity and break free from its established consolidation range. A Sept. 11 report by Glassnode noted that market momentum steadily faded following the mid-August all-time high. The fading activity pulled BTC price below recent top-buyers’ cost basis and back into the $110,000-$116,000 “air gap” zone. BTC price fluctuated within this range as supply redistributed, creating uncertainty about whether the consolidation represented healthy accumulation or preparation for deeper contraction. Three Supply Clusters Define Bitcoin Price Trading Range Glassnode’s Cost Basis Distribution analysis mapped three distinct investor cohorts shaping current price action. Top-buyers from the past three months maintained a cost basis near $113,800, while dip-buyers clustered around $112,800. Short-term holders from the previous six months anchored near $108,300. Three Factors to Understand Bitcoin Price Action | Source: Glassnode These levels defined the trading range parameters. For Bitcoin price, reclaiming $113,800 would return top-buyers to profit and potentially fuel bullish continuation. On the contrary, a BTC price breakdown below $108,300 risked tipping short-term holders back into losses, potentially triggering renewed selling pressure toward the next major supply cluster at $93,000. The bounce from $108,000, which occurred as September started, demonstrated clear buy pressure on-chain through a “buy-the-dip” structure that helped stabilize the market. However, sustained movement above $114,000 proved necessary to restore confidence and encourage new institutional inflows. Profit-Taking Creates Headwinds for Bitcoin Price The report stressed contrasting behaviors…
Filed under: News - @ September 12, 2025 10:31 pm