Citing CoinEdition, Bitcoin technical analysis suggests a potential retest of $83,000 to complete a 'Wave 4' correction before a possible move to $155,000. On-chain data from Glassnode shows $732 billion in new capital inflows this cycle, creating a strong liquidity floor. Analyst TARA highlights the $91.2k resistance level as critical, with a breakout above $103k needed to confirm the 'Wave 5' expansion. Swissblock notes that liquidity has stabilized, supporting a bottom above $80.5k. Bitcoin currently trades at $93k.
Bitcoin Technicals Signal $83K 'Bear Trap' Before $155K Breakout; BTC Inflows Hit $732 Billion
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