4h ago• 3 min read
Bitcoin Poised for $15K Swing as Price Tests $109K Support
Bitcoin trades near $109K with compressed volatility suggesting a potential $15K swing in either direction as traders await key macro catalysts and ETF flow developments.
Key takeaways
📊 Critical Range: Bitcoin oscillating between $108K-$113K with potential for $15K swing once volatility returns
💰 ETF Flows Key: Institutional inflows and renewed accumulation among large holders could fuel upside to $120K-$125K
⚠️ Downside Risk: Break below $108K may trigger liquidations targeting $100K or mid-$90Ks
📈 Bullish Path: Sustained move above $113K opens technical pathway to $120K-$125K range
Deep dive
Bitcoin's current tight trading range between $108K-$113K has compressed volatility to extreme levels, setting up for a significant directional move.
Technical analysis suggests a breakout above $113K could trigger momentum toward $120K-$125K, supported by recent ETF inflows and institutional accumulation.
However, a breakdown below $108K increases liquidation risks, potentially driving prices toward $100K or lower.
The magnitude of the next move—estimated at $10K-$15K—will largely depend on upcoming macro catalysts including Fed policy decisions and continued institutional flows into Bitcoin ETFs.
Polaris insights AI-generated
Source:
crypto.newsDisclaimer: This article may contain content generated or assisted by AI, based on information from public sources. While we aim for accuracy, no content should be taken as financial or trading advice. Always do your own research and consult a professional before making investment decisions. Markets are volatile and involve risk.
