Bitcoin falls to $98K as futures liquidations soar: Should bulls expect a bounce? - Source: CoinTelegraph

Bitcoin’s price has struggled to regain momentum following Wednesday’s drop to $100,700, leaving BTC down roughly 3.5% on the weekly candle. Market data shows long-term holders have sold more than 815,000 BTC over the past 30 days, intensifying the focus on lower liquidity pockets. Analysts now point to the June 2025 lows near $98,000 as the next likely target if volatility accelerates.

Key takeaways:

• -Liquidity clusters show downside pressure building near $98,000 for Bitcoin.

• -A fourth retest of $102,000 to $100,000 support signals a weakening structure.

• -Futures trader positioning remains long-heavy despite rising technical risks.

Story continues: https://cointelegraph.com/news/bitcoin-falls-to-dollar98k-as-futures-liquidations-soar-should-bulls-expect-a-bounce