Bitcoin Price: Will $100K Hold?

Bitcoin's price has shown resilience above $100,000 in recent weeks, despite rising geopolitical tensions. However, momentum has stalled, leaving uncertainty about whether it can maintain its position in the $100,000-$110,000 range. The recent hawkish Fed rate pause further clouded the outlook.

Bitcoin Risk Assessment

Analysts at Swissblock and Bitcoin Vector report Bitcoin's risk regime is currently low, a condition observed since April. Their proprietary indicator suggests a potential for accelerated downward movement if the price falls below $100,000 and the risk indicator shifts to high-risk. Conversely, sustained upward momentum would signal bullish sentiment.

Swissblock notes that current price momentum is stalled, urging caution among bullish investors. While Q2 saw a rebound from $75,000 to over $100,000, the market's trajectory remains unclear.

Market Sentiment and Indicators

QCP Capital observes a market pause, suggesting a potential summer lull could negatively impact prices. Their analysis points toward increased downside risk protection in the derivatives market, hinting at near-term bearish undertones.

Key Liquidity Levels: CoinGlass's 30-day liquidation map identifies critical price points: $111,000, $109,000, $103,000, and $100,000. Immediate support is seen at $103,000 and $100,000, with limited liquidity below $100,000, signifying its importance as a potential short-term support level.

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Disclaimer: This information is for educational purposes only and should not be considered financial advice.