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BTC heatmap reveals key liquidity zones at $116.3K-$113.8K and $117.9K-$120.1K.
ByAinvest
Saturday, Aug 9, 2025 1:34 pm ET1min read
BTC heatmap reveals key liquidity zones at $116.3K-$113.8K and $117.9K-$120.1K.
Bitcoin (BTC) continues to exhibit significant volatility, with key liquidity zones identified at $116.3K-$113.8K and $117.9K-$120.1K. These levels are crucial for understanding potential price movements and market sentiment [1].Data from Cointelegraph Markets Pro and TradingView indicate that Bitcoin approached $116,000 after Monday’s Wall Street open, with bulls targeting sell liquidity [1]. Exchange order-book liquidity data from CoinGlass showed price pinned below a wall of asks centered on $115,800, suggesting a significant barrier to further price increases [1].
Traders are closely monitoring these levels, with popular trader BigMike7335 arguing that $BTC above $115,850 would confirm that the $112k area was likely the bottom [1]. Fellow trader Cipher X summarized the likely scenario as a bounce near $110.5K if downside gets swept first [1].
The current Bitcoin liquidation heatmap indicates a flush of leverage, which could signal a stabilization in the market. The US spot Bitcoin ETF netflows, reported at -$812 million on Aug. 1, mark the second-largest daily outflow on record, suggesting a cautious approach to the market [1].
In addition to market dynamics, the recent Executive Order by President Trump to allow 401(k) investors to diversify into alternative assets, including crypto assets, could have a significant impact on the ongoing Bitcoin bull market [2]. This order directs the Secretary of Labor to consider regulations that facilitate the inclusion of crypto assets in 401(k) plans, potentially driving institutional interest and investment.
In conclusion, the identification of key liquidity zones at $116.3K-$113.8K and $117.9K-$120.1K provides valuable insights into potential price movements. As the market continues to stabilize and institutional interest grows, these levels will remain critical points to watch.
References:
[1] https://cointelegraph.com/news/bitcoin-btc-price-eyes-116k-liquidity-sweep
[2] https://coinpedia.org/news/president-trump-officially-signs-executive-order-to-allow-401k-to-tap-into-bitcoin-and-crypto-assets/
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