After Hurricane Melissa’s exceptionally strong winds subsided, the roots of breadfruit trees clung deep into the fertile Jamaican soil offering hope and a step toward food security in the future.
Tag: intensifying
The post BTC Traders Eye $98K As All Supports Vanish appeared com. Bitcoin’s (BTC) 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. BTC liquidity compression intensifies downside focus Analysts tracking BTC’s liquidity map highlight a widening imbalance between support and overhead resistance. Trader Daan Crypto noted that a “large cluster of liquidity sits below the local lows at $98, 000-$100,000,” adding that this aligns with the series of marginally higher lows that have formed above the zone. Key price levels for Bitcoin. Futures trader Byzantine General echoed the sentiment, observing that current price behavior suggests Bitcoin “is likely to sweep the lows around $98, 000.” Supporting this view, CoinGlass data shows nearly $1. 3 billion in cumulative long leveraged liquidity concentrated at the $98, 000 level, a steep rise from earlier in the week, while futures traders had previously aimed for upside liquidity near $110, 000, following the recent flush below $100,000 last Friday. Bitcoin liquidation heatmap.