Bitcoin regains attention after price adjustment as altcoins catch eyes amid recent market shifts.
BTC amidst Altcoin Recovery
Traditional tokens like XRP, AVAX, LTC gain strength as Bitcoin faces challenges in reaching the $100,000 mark. Trading volume decline has influenced ongoing volatility.
Liquidation Overview and Key Levels
The liquidation heatmap from Coinglass highlights active liquidations between $98,065 and $98,257. Major liquidity at $95,300 puts pressure on price, with important resistance and support levels potentially impacting further price movement.
Short-Term Outlook
Short-term forecasts suggest possible price recovery if key support levels are maintained. The stochastic RSI hints at a possible resurgence in bullish momentum, potentially leading the price towards $100,000.
Despite current fluctuations, prospects for BTC remain positive if key support levels hold. Revived buyer interest may lead to new price achievements.
