Bitcoin is nearing a retest at 95,000 USD. Traders noted that liquidity is significant below this price level, suggesting potential volatility as the Federal Reserve’s interest rate decision looms, which could impact the price of BTC.
Following recent highs, BTC has seen increased liquidations, contributing to instability. Traders anticipate volatility in the coming week as they react to market dynamics surrounding 95,700 USD and 96,500 USD positions.
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