The cup and handle pattern spotted on the higher timeframe price charts signaled a possible bullish breakout to $125.

A bullish move did not appear likely, according to the liquidation heatmap, which showed liquidity clusters nearby to the south...

A bullish move did not appear likely, according to the liquidation heatmap, which showed liquidity clusters nearby to the south...

The long-side max pain level was at $112.7k, and the short-side max pain level was at $121.6k.

The technical indicators were bullish- the CMF and the A/D volume indicators pointed to heavy buying pressure in recent weeks.

To the south, between $0.88 and $1, there was an imbalance that has not been revisited as a demand zone.

The rate cut news could expectedly fuel Bitcoin's prices higher in the coming months.

The internal market strucure turned bullish, and the RSI was above neutral 50.

The internal market strucure turned bullish, and the RSI was above neutral 50.

The Bitcoin network continued to see rising hash rates and miners were not under imminent threat despite the falling network...