{"id":8842,"date":"2025-06-09T18:22:00","date_gmt":"2025-06-09T17:22:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8842"},"modified":"2025-06-09T17:46:50","modified_gmt":"2025-06-09T16:46:50","slug":"bitcoin-key-level-breakout-alert","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-key-level-breakout-alert\/","title":{"rendered":"Crucial Bitcoin Level to Watch Before the Next Big Breakout"},"content":{"rendered":"\n

Bitcoin Ready to Sustainably Surpass $105,000<\/h2>\n\n\n\n

The Bitcoin<\/strong>, the leading cryptocurrency<\/a>, has been gradually recovering since hitting a low of $100,424<\/strong> on June 5th. Although this rebound has reassured some investors, the digital currency still struggles to sustainably surpass the $105,000<\/strong> threshold.<\/p>\n\n\n\n

However, on-chain data<\/strong> suggests that BTC<\/a> might be on the verge of starting a new bullish phase. Indeed, a significant liquidity concentration<\/strong> has been spotted in the $106,736<\/strong> zone. This is a level that often acts as a magnet for price action.<\/p>\n\n\n

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\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

The BTC liquidations heatmap clearly shows this high liquidity zone. These clusters tend to attract Bitcoin <\/strong>purchases, making a breakthrough beyond the $105,000 resistance more likely. As the market moves towards these price levels, it can trigger liquidations<\/strong> and the opening of new positions<\/strong>, thus fueling upward momentum.<\/p>\n\n\n\n

Therefore, the concentration of a high volume of liquidity at $106,736<\/strong> indicates strong trader<\/a> interest in buying or closing short positions<\/strong> at this price. This creates favourable conditions for surpassing the $105,000 resistance and progressing towards the $106,000 zone.<\/p>\n\n\n\n

A Truly Supported Bullish Outlook<\/h2>\n\n\n\n

Another on-chain indicator seems to corroborate this positive momentum for Bitcoin. The Bitcoin Network Realized Profit\/Loss<\/strong> has significantly dropped in recent days, from $715 million<\/strong> to just $90 million<\/strong>. This marks a decline of over 90% since June 4th.<\/p>\n\n\n\n

This decrease in Realized Profit\/Loss typically discourages selling pressure as traders are less inclined to realize profits at a loss. This behaviour encourages longer holding periods<\/strong>, tightening supply and potentially driving the BTC price upwards in the short term.<\/p>\n\n\n\n

At the time of writing, Bitcoin is trading<\/a> around $105,630<\/strong>, just below the resistance formed at $106,548<\/strong>. If new demand enters the market, it could trigger a breakthrough above this price level, propelling towards the $106,736<\/strong> region where the liquidity cluster is located.<\/p>\n\n\n\n

Once this zone is surpassed, BTC could then soar towards $109,310<\/strong>. However, if selling intensifies, Bitcoin could range or experience a pullback towards $103,938<\/strong>.<\/p>\n\n\n\n

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Buy Bitcoin (BTC) on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

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