Bitcoin Liquidation Data Shows Price Could Bounce Back to $109,000

Leading coin Bitcoin has been in a corrective phase since hitting its all-time high of $111,968 on May 22. The king coin has slipped below the key $105,000 support level to trade at $104,536 at press time, reflecting the selling pressure. However, on-chain data suggests a potential rebound above this critical support level, with a possible retest of BTC’s all-time high on the horizon. This analysis breaks down the key insights source: https://beincrypto.com/bitcoin-price-could-rebound-liquidation-data-shows/