Bitcoin Market Analysis: A Squeeze Toward $114,000 and Potential Rebound
As the weekly close approaches, Bitcoin (BTC) is centered around $112,000, with traders hopeful for a price rebound next week. According to market analysis, a squeeze toward $114,000 is possible, despite the recent $19 billion crypto liquidation event. The Bitcoin bull market uptrend can remain intact, with traders favoring a BTC price rebound into next week.
Data from Cointelegraph Markets Pro and TradingView shows volatility cooling after the shock of the liquidation event. While BTC/USD failed to deliver a major recovery, market participants see next week offering stronger performance. Trader Skew commented, “Can see case of a relief bounce going into weekly open / futures open,” highlighting the importance of macro backdrops and thin markets.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Bitcoin Liquidation and Market Volatility
Fellow trader HTL-NL hinted that while the market remains unpredictable, the risk of a serious crash is low. “You never know what the W close and next week will bring of course, especially since legacy barely had time to respond to Trump,” he told X followers. However, he added, “I am not overly worried. Everything was poised for a correction anyways, but it all got amplified and we had a system break down.”
BTC/USD one-day chart with RSI, Stochastic RSI data. Source: HTL-NL/X
Trading resource TheKingfisher eyed a potential liquidity grab centered around the $114,000 area, with traders heavily short on BTC. “Weekends are for $BTC range liquidations fishing,” it wrote on the day alongside proprietary market data.
BTC/USDT 15-minute chart with exchange order-book liquidity data. Source: TheKingfisher/X
Analyst Insights on Bitcoin’s Bull Market
Caleb Franzen, creator of financial research resource Cubic Analytics, is bullish on Bitcoin’s interaction with its simple (SMA) and exponential (EMA) 200-day moving average. “Maybe prices fall further from here,” he argued. “Similar to the consolidations that occurred in August-September 2023, July – September 2024, and February – April 2025, it would be completely normal for a brief decline below the 200-day MA cloud before a reclaim and trend continuation to new highs.”
BTC/USD one-day chart with 200SMA, 200EMA. Source: Cointelegraph/TradingView
Despite the recent volatility, Franzen believes that BTC/USD could still print a higher low on daily timeframes, leaving the uptrend intact. “If uptrends are just the production of higher highs & higher lows, then nothing about this consolidation has invalidated the uptrend,” he added. “While we must accept that bearish things can happen during uptrends, as this past week proved, it’s also vital to accept that being bearish during an uptrend is a great way to lose money and/or underperform.”
BTC/USD one-day chart. Source: Substack
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Read the original article at https://cointelegraph.com/news/bitcoin-eyes-114k-liquidity-grab-as-traders-bet-on-btc-price-rebound?utm_source=rss_feed&utm_medium=rss_tag_bitcoin&utm_campaign=rss_partner_inbound
