Bitcoin News

Story: Bitcoin Pulls Back But Analysts Eye $111K Bounce – Will Bulls Take Over This Weekend?

By James Thorp

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Bitcoin Fights to Hold Key Support Range. Bitcoin (BTC) opened the weekend with a retracement, falling to around $107,245 after touching…

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BTC Liquidity Points to $111K Target Zone. Sjuul also pointed to Bitcoin’s liquidity heatmap, which shows a major cluster of potential…

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Power of Three Pattern Suggests Expansion Is Near. The analyst believes Bitcoin is continuing to follow a “Power of Three” (Po3) setup, a pattern…

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BTC Fails to Hold Above Resistance – Can It Reclaim the Breakout Zone?. Other analysts are watching BTC’s recent attempt to break through a six-week diagonal resistance…

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Bitcoin Price Prediction 2025: Still On Track?. Despite recent price dips, analysts remain confident that Bitcoin's long-term bullish outlook is…

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Key BTC Levels to Watch This Weekend

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Conclusion: Volatile Weekend Ahead for Bitcoin. Bitcoin is once again at a crossroads. After failing to hold above a key resistance line, the…

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Bitcoin is holding steady after a mid-week drop, with analysts closely watching for a strong close above key levels.

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According to Sjuul, a well-followed analyst at AltCryptoGems, the bounce from this area was “textbook perfect,” offering what he called an ideal entry for bullish traders.

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“Since we’re in a range, we have to respect its structure—high, mid, and low. Right now, bulls need to step in at the mid-range to push us back up,” Sjuul said.

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“Price is attracted by liquidity. We’ve left unfinished business at $111,000, and I expect that level to be tested sooner or later,” he explained.

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If Bitcoin reclaims this range high, it could be a key moment for breaking out of the current sideways pattern and beginning a stronger upward trend.

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The analyst believes Bitcoin is continuing to follow a “Power of Three” (Po3) setup, a pattern that consists of accumulation, manipulation, and expansion phases.

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“We’re already expanding inside this structure. If we break the range, further expansion should follow,” he noted.

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However, until BTC breaks out convincingly above the range highs, volatility is expected to continue.

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