Bitcoin’s price is largely influenced by liquidity levels, particularly the key level at 103,000 USD. The current bullish sentiment is highlighted by a lack of short positions and robust support near 90,000 USD, positioning BTC for potential growth.
Breaking the 103,000 USD mark is crucial for BTC, possibly leading to a new all-time high. With low short liquidity, traders remain optimistic about price increases, making these liquidity levels fundamental for market strategies.
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