Bitcoin buyers build bids at $105K as crypto market meltdown nears conclusion — TradingView News
Key takeaways:
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Deep liquidity bids now cluster around $105,000-$100,000, signaling market stabilization.
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Over 90% of BTC supply remains profitable, confirming a leverage-driven, not panic, sell-off.
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A reclaim of $117,500 could flip the correction into a breakout rally.
Bitcoin (BTC) is entering what analysts describe as a “clean-up phase,” as deep buy orders begin to cluster below the $105,000 level following a major deleveraging event.
Trading resource Material Indicators said that order book data showed “strong sell pressure on BTC,” with limited technical support around $107,000. While that level might briefly hold, analysts observed that there might not be sufficient bid liquidity to sustain current levels.
Instead, heavier…
