Bitcoin\u2019s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region.<\/p>\n
By ShayanMarkets<\/p>\n
Bitcoin\u2019s price consolidation continues just below its all-time high of $123K, hovering between the $116K and $120K levels. This price behavior signals an equilibrium zone, where buying and selling pressure are currently balanced, a sign that the market awaits a fresh catalyst.<\/p>\n
Importantly, this range also aligns with the 0.5-0.618 levels of the Trend-Based Fibonacci Extension, adding further technical significance to the current resistance zone. Given the lack of strong bullish momentum, a deeper correction below $116K is likely, with the $111K zone emerging as the next key target.<\/a><\/p>\n On the lower timeframe, BTC appears to be forming a bullish flag \u2014 a classic continuation pattern. Despite multiple rebounds from the $116K support, repeated testing suggests growing vulnerability.<\/p>\n These reactions have likely created a sell-side liquidity pool just below $116K, increasing the probability of a liquidity sweep followed by a bearish breakout. Should this support level fail, the asset could swiftly decline toward the flag\u2019s lower boundary near $111K.<\/a><\/p>\n By ShayanMarkets<\/p>\n The Binance BTC\/USDT Liquidation Heatmap reveals a critical tug-of-war in the current market structure. Bitcoin\u2019s price is currently trapped between two major liquidity clusters, with significant liquidation pools above $120K and below $116K.<\/p>\n These zones represent a high concentration of leveraged futures positions, making them prime targets for smart money and market makers seeking liquidity. A price move toward either level could trigger a cascade of liquidations, intensifying volatility and rapidly accelerating price action.<\/p>\n As a result, Bitcoin remains range-bound between these two zones until one side is taken out. A breakout above $120K or a breakdown below $116K will likely lead to a sharp, directional move, fueled by stop-losses and forced liquidations.<\/p>\n Traders should keep a close eye on these levels and prepare for potential whipsaw volatility once either threshold is breached.<\/p>\n The post Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin\u2019s price consolidation continues just below its all-time high of $123K, hovering between the $116K and $120K […]<\/p>\n","protected":false},"author":0,"featured_media":83428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83427"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83427"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83428"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The 4-Hour Chart<\/h3>\n
On-chain Analysis<\/h2>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nOn the lower timeframe, BTC appears to be forming a bullish flag \u2014 a classic continuation pattern. Despite multiple rebounds from the $116K support, repeated testing suggests growing vulnerability.<\/p>\nThese reactions have likely created a sell-side liquidity pool just below $116K, increasing the probability of a liquidity sweep followed by a bearish breakout. Should this support level fail, the asset could swiftly decline toward the flag\u2019s lower boundary near $111K.<\/a><\/p>\nOn-chain Analysis<\/h2>\nBy ShayanMarkets<\/p>\nThe Binance BTC\/USDT Liquidation Heatmap reveals a critical tug-of-war in the current market structure. Bitcoin\u2019s price is currently trapped between two major liquidity clusters, with significant liquidation pools above $120K and below $116K.<\/p>\nThese zones represent a high concentration of leveraged futures positions, making them prime targets for smart money and market makers seeking liquidity. A price move toward either level could trigger a cascade of liquidations, intensifying volatility and rapidly accelerating price action.<\/p>\nAs a result, Bitcoin remains range-bound between these two zones until one side is taken out. A breakout above $120K or a breakdown below $116K will likely lead to a sharp, directional move, fueled by stop-losses and forced liquidations.<\/p>\nTraders should keep a close eye on these levels and prepare for potential whipsaw volatility once either threshold is breached.<\/p>\nThe post Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin\u2019s price consolidation continues just below its all-time high of $123K, hovering between the $116K and $120K […]<\/p>\n","protected":false},"author":0,"featured_media":83428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83427"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83427"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83428"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/BTC-D-2-1-scaled.jpg\"){kind=link}
![<\/a><\/p>\nOn-chain Analysis<\/h2>\nBy ShayanMarkets<\/p>\nThe Binance BTC\/USDT Liquidation Heatmap reveals a critical tug-of-war in the current market structure. Bitcoin\u2019s price is currently trapped between two major liquidity clusters, with significant liquidation pools above $120K and below $116K.<\/p>\nThese zones represent a high concentration of leveraged futures positions, making them prime targets for smart money and market makers seeking liquidity. A price move toward either level could trigger a cascade of liquidations, intensifying volatility and rapidly accelerating price action.<\/p>\nAs a result, Bitcoin remains range-bound between these two zones until one side is taken out. A breakout above $120K or a breakdown below $116K will likely lead to a sharp, directional move, fueled by stop-losses and forced liquidations.<\/p>\nTraders should keep a close eye on these levels and prepare for potential whipsaw volatility once either threshold is breached.<\/p>\nThe post Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin\u2019s price consolidation continues just below its all-time high of $123K, hovering between the $116K and $120K […]<\/p>\n","protected":false},"author":0,"featured_media":83428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83427"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83427"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83428"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/BTC-4H-2-1-scaled.jpg\"){kind=link}