Bitcoin News Today: Bitcoin's $106K-$115K Battleground: Next Move Could Reshape Crypto's Future

Bitcoin Trapped in Tight Range: Liquidity Heatmap Highlights Key Price Points at $115K, $106K

Bitcoin (BTC) remains locked in a critical consolidation phase near $108,000, with traders and analysts closely monitoring pivotal support and resistance levels that could dictate the next major market move. The cryptocurrency has oscillated between $107,000 and $114,000 in recent weeks, with technical indicators pointing to a fragile balance between bullish and bearish forces. A breakout above $115,000 or a breakdown below $106,000 could trigger significant liquidity events, according to Coinglass data cited by Coinotag, which estimates $1.696 billion in short liquidations above $110,000 and $1.3 billion in long liquidations below $106,000.

Technical analysts highlight the importance of Bitcoin's position relative to key moving averages. While the 50-day and 200-day moving averages remain in "buy" territory on oscillators like the MACD, BTC's price remains below these averages, signaling a lack of immediate bullish momentum, according to a FinanceFeeds analysis. The $101,000–$106,000 support zone has held firm during recent dips, but a decisive breach could trigger a deeper correction toward $100,000. Conversely, a sustained rally above $115,000—confirmed by strong volume—could validate a continuation of the long-term uptrend toward new highs, according to a Crypto.news forecast.

The golden cross—a technical signal where a shorter-term moving average crosses above a longer-term one—is also drawing attention on the 3-day chart. If confirmed, this could reinforce bullish sentiment, particularly as institutional inflows and ETF demand continue to bolster Bitcoin's fundamentals, as noted by Crypto.news. Standard Chartered analysts, however, caution that U.S.-China trade tensions and macroeconomic uncertainties could push BTC below $100,000 in the short term before a rebound to $150,000–$200,000 by year-end, according to a Standard Chartered analysis.

Institutional adoption is further reshaping the landscape. T. Rowe Price's recent filing for an Active Crypto ETF—a diversified fund holding 5–15 cryptocurrencies, including Bitcoin and Ethereum—signals growing mainstream acceptance, according to a T. Rowe Price filing. This follows a surge in crypto ETF assets, now exceeding $173 billion since their 2024 approvals. Meanwhile, JPMorgan analysts noted that CoreWeave's $20.40-per-share acquisition of Core Scientific sets a "valuation floor" for Bitcoin miners, though such deals are unlikely to be replicated widely, according to a Coindesk report.

Ethereum (ETH), meanwhile, consolidates around $3,800–$4,000, with analysts pointing to its expanding role in tokenized assets and decentralized finance as structural support. While short-term momentum remains bearish, Ethereum's 36 million staked coins underscore its appeal to long-term holders, as noted by FinanceFeeds.

The market's focus on Bitcoin's price action extends beyond technicals. LivLive ($LIVE), a utility-driven token tied to lifestyle activities like AR quests and wearable tech, has gained traction as a "best crypto to invest this week" candidate, leveraging Bitcoin's bullish backdrop to attract new participants, according to a BTCC article.

As the crypto market navigates this critical juncture, traders are advised to monitor key levels and liquidity clusters. A move beyond $115,000 could catalyze a new bull phase, while a breakdown below $106,000 may test deeper support. With institutional inflows, ETF demand, and macroeconomic factors in play, Bitcoin's next move could redefine its trajectory in the final months of 2025.