key points:
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Bitcoin refuses to move from a narrow border as traders consider possible breakout direction.
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The value of the price search is eagerly awaited, but negative predictions include levels and levels towards $ 90,000.
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BTC/USD has given extremely pattern steps since its rebounds started in April.
Bitcoin (BTC) The traders were kept in the Wall Street Open on 16 May as the consolidation spewed both the fast and recession forecast.
“Important” liquidity makes around BTC value
data from Cointelegraph Market Pro And Tradingview BTC/USD closed between $ 103,000 and $ 104,000 a day.
Despite beating of expectations, the latest American macroeconomic data as the Consumer Price Index (CPI) and manufacturer price index (PPI) prints on 13 and 15 May respectively. Have a strong impact On short term value behavior.
Instead, traders focus on bitcoin Latest consolidation phase Less than 10% from new all-time high.
“$ BTC has been doing almost the same work since April. wrote In part of the ongoing X analysis.
“Keep an eye on this local range and wait for a breakout in any direction, I would be recommended.”
In areas notes a separate post notes of thick liquidity on either side of the value, BTC/USD should exit its narrow range.
$ BTC The liquidation map shows a large cluster at $ 105k-$ 106k and a ton between $ 99k-$ 103K.
This makes sense because these are high/ups of current small boundaries that we are integrated for the last one week.
Recently, we have seen a lot of equal consolidation and we … pic.twitter.com/y387v1wzSc
– Daan Crypto Trades (@Daancrypto) May 16, 2025
“The heavy concentration of long liquidity was seen tightly below the current value, especially around 10280–10300? It represents an important pool of liquidity,” said the trading tradingfisher of fellow trading thekingfisher said? Ongoing,
“Shorts are more and more spread. This imbalance makes the zone under an important area to see. This value can act as a magnet, or if the price decreases then a trigger point for cascading liquidation.”
Another popular businessman, Crypto Caesar suggested that a range breakout may run deeply and move bitcoin below a $ 100,000 mark.
“If the price breaks and catchs over this area, we can see the new crazy high,” she told X followers, referred to Rapid crossover On weekly moving average convergence/deviation (MACD) indicator.
“However: An rejection can be a pullback from here to $ 90K.”
A rinse-and-a-doves bitcoin breakout?
Like the Dan Crypto trades, analyst Kevin Swenson was eager to see the continuation of the stop-start rebound in the place since April.
Connected: Gold-based forecast says
Analyzing the 4-hour time limit a day, he distributed its next inverted BTC/USD target within the price search.
“So far, the extraples of the measured gait of each leg in this run have been accurately accurately accurate,” wrote,
“If this trend continues, if it is a pattern, the next target is $ 115,000.”
First, Coincidence report The BTC price is now in force, with the commentary moving forward with the commentary on a variety of predictions.
Zoom out, per coin can become $ 1 million reality Three years or even soonAccording to Arthur Hayes, former CEO of Bitmex.
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
