Bitcoin Nears $105K Liquidity Pool – Last Chance to Buy Before the Next Rally?
Liquidity clusters thicken around the $105,000 mark—classic accumulation behavior or a trap for overeager bulls?
Whales aren’t subtle. When this much buying pressure stacks at a key level, it either becomes a springboard for new all-time highs or a liquidation buffet for institutional sharks. Retail traders scramble for position.
Meanwhile, Wall Street ’experts’ still can’t decide if crypto is a scam or the future—maybe because their bonuses depend on the answer changing quarterly.
Bitcoin Remains Strong Amid Tight Conditions
Bitcoin posted another bullish week, reaching a new all-time high of $112,000 before pulling back slightly to hold above the key $100,000 level. Despite the strength, market sentiment has yet to flip fully euphoric. A cautiously bullish tone dominates as macroeconomic conditions remain tight, with high US Treasury yields and growing instability in global trade continuing to weigh on risk assets.
Unlike many altcoins, which are still trading well below their previous cycle highs, bitcoin appears to be thriving in this high-stress environment. Its resilience is being closely watched, as capital continues to favor BTC over smaller, more volatile assets. This relative strength reinforces Bitcoin’s status as a macro hedge, especially in uncertain economic conditions.
Top analyst Ted Pillows added to the discussion by highlighting data from Coinglass, which shows significant liquidity sitting around the $105,700 level on the BTC weekly liquidation heatmap. According to Pillows, this cluster could serve as a short-term magnet, suggesting that a quick sweep of that zone may occur before Bitcoin resumes its upward move.
“Liquidity at $105K is thick. A dip into that area could clear out late longs before the next leg higher,” he noted.
With Bitcoin holding key levels and sentiment remaining grounded, the setup is favorable for continuation, but not without potential volatility. If BTC can defend the $100K–$105K range and reclaim $110K, the next push toward new highs may arrive sooner than expected. For now, bulls remain in control, but traders are staying alert as global markets remain on edge.
BTC Holds Above Key Averages
Bitcoin is trading at $108,249 on the 4-hour chart after a strong push to $112,000 earlier in the week. The chart shows BTC currently consolidating above a confluence of key moving averages, including the 34 EMA ($108,046), 50 SMA ($106,840), and 100 SMA ($105,109), all of which are trending upward. These levels now serve as dynamic support zones, keeping the short-term structure bullish as long as price remains above them.
Despite the rejection NEAR $112K, BTC has avoided any aggressive selloff and continues to respect the mid-range levels of its recent breakout. The $103,600 level, marked in yellow, is a key horizontal support and previously acted as a resistance ceiling. It now provides a strong base if any deeper correction occurs.
Volume has declined during this pullback phase, indicating that the selling pressure is likely corrective rather than the start of a trend reversal. If bulls can maintain control above $106K and reclaim momentum above $110K, a retest of the recent highs is likely.
For now, the 4-hour trend remains intact. All eyes are on whether Bitcoin can hold above the clustered support and continue building a base for the next leg higher.
Featured image from Dall-E, chart from TradingView