Bitcoin Reaches New All-Time High of $112,000
- Bitcoin reached a new all-time high of $112,000 this week.
- The cryptocurrency maintained its position above the key psychological level of $100,000.
- A dense cluster of liquidity is present around the $105,700 level according to Coinglass data.
- Bitcoin is currently trading at $108,249 on the 4-hour chart.
- Key moving averages include the 34 EMA at $108,046 and the 50 SMA at $106,840.
Bitcoin’s recent surge to an all-time high of $112,000 has been supported by strong liquidity around the $105,700 level. It remains stable above crucial moving averages like the 34 EMA at $108,046.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-liquidity-builds-at-105k-level-sweep-before-new-highs/?rand=52377
