Bitcoin Faces Key Liquidity and Resistance Levels Amid Macro Data Ahead of Potential Bull Market Continuation
The post Bitcoin Faces Key Liquidity and Resistance Levels Amid Macro Data Ahead of Potential Bull Market Continuation appeared on BitcoinEthereumNews.com.
Bitcoin’s price dynamics this week highlight critical liquidity zones and investor sentiment as the market eyes a potential bull run continuation. Key economic indicators like CPI and PPI releases, alongside Federal Reserve policy signals, are set to influence BTC volatility and market direction. According to COINOTAG analysis, short-term holder behavior around the $106,200 level could establish pivotal resistance, shaping near-term price movements. Bitcoin faces crucial liquidity tests and economic data releases this week, with $106,200 resistance and Fed policy shaping the outlook for BTC price support and bull momentum. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin Weekly Close Signals Potential Bullish Momentum Amid Liquidity Challenges Bitcoin’s recent weekly close near $106,000 underscores a tentative recovery after retesting the psychologically significant $100,000 support level. Despite intermittent volatility, BTC/USD maintained its position close to the weekly open, suggesting resilience among buyers. Market participants are closely watching this consolidation phase, as it may indicate the groundwork for renewed upward momentum. Price action near key resistance levels such as $106,600 will be decisive in confirming whether Bitcoin can sustain a bullish trajectory or face renewed selling pressure. Technical Indicators Highlight Short-Term Resistance and Support Zones Technical analysis reveals that Bitcoin has consistently closed above the 10-period simple moving average (SMA) on daily charts, a positive signal for short-term strength. However, the presence of significant liquidity clusters around $106,200 creates a potential…
Filed under: News - @ June 9, 2025 8:25 am